Toronto Area Home Resale Market - March 2016

" Strong Growth in Home Sales in March / Q1" is the headline of March issue of Toronto Real Estate Board (TREB) Market Watch.  

The key numbers, compared to the same period last year, to note:-

• During the first 3 months of 2016, there were 22,575 homes sales in Greater Toronto Area representing an increase of 15.8%.
• March sales rose 16.2 % in volume and 12.1% in price (average $688,161).
• Price / home type
• Detached : $910,375
• Semi-detached : $637,867
• Townhome : $530,353
• Condo : $ 389,319
• The selling prices of all home types appreciated by double digits.  Semi-detached and condo apartment recorded 20+% increase.
• Newly added and active listings are less than previous year, favourable to sellers.

Based on the current trend,  "demand was clearly not an issue in the first 3 months of 2016, regardless of the housing market segment being considered." " TREB outlook for the year pointed to a strong possibility of a second consecutive record year of home sales."

If you are thinking of taking advantage of the active market to sell your property, contact us for for a free consultation and evaluation.

加拿大地產商會（TREB) 3月地產月報頭條：第一季、3月摟房交投增長強勁。
較去年同期相比：

• 首季月錄22575成交，量升15.8%
• 3月買賣增16.2%, 平均價升12.1％至＄68萬8
• 大多各住宅平均售價
• 獨立屋：＄91萬 
• 半獨立： ＄63萬8
• 鎮屋： ＄53萬
• 屋苑大廈： ＄38萬9
  
• 各類別樓房價錢有雙位％增幅；半獨立屋和屋苑大廈一年升幅超20％
• 房產供應供不應求，利賣家

TREB 預期今年市埸極有機會創新高。


有意趁機買賣物業的朋友，歡迎來電。