Toronto Area Home Resale Market - January 2016

Greater Toronto Area residential real estate market had a good start in 2016.  For January, Toronto Real Estate Board (TREB) experienced an increase of 8.2% and 14.1% in number of transactions and average selling price, respectively, compared to January of 2015.

• 12% of polled GTA households are considering a home purchase in 2016
• Average selling price of a GTA home was $631,092 vs $552,925 (of Jan 2015)
• Detached: $848,999
• Semi-detahced: $568,723
• Townhome: $ 483,261
• Condo: $386,165
• This January,  there were more re-sales in 416 Area: Detached / Townhome / Condo; 905 Area: Semi-detached submarkets.
• Upward price momentum was led by sales of Low-Rises in 905 Area and Condos in 416 Area
• New and active listings were less than 12 months ago

"Buying intentions are strong for this year as households continue to see home ownership as an affordable long-term investment," Mark McLean, TREB President.

Thinking of buying or selling a property, contact us to discuss. 

㯫多倫多地產商會（TREB）近期調查，12%大多倫多家庭有在2016年購買房屋意欲。  在一月，大多住宅樓市比去年好：成交增 8.1%，平均售價增 14.1%。

• 獨立屋：＄85萬
• 半獨立屋：＄57萬
• 鎮屋：＄48萬
• 屋苑大廈：＄37萬

因為供應仍然有限，有利市場。如欲投資樓房保值，或趁市好買房，歡迎來電查詢。