APRIL 2016 – First Quarter REAL ESTATE MARKET HOUSE SALE PRICES – TORONTO – GTA

New Mortgage Rules 2018

First Quarter March – 2016
Same Problem – LOW INVENTORY 

Spring has officially Sprung & Lack of Listings are down 20.7%.  Less Buyer choices, more Buyer demands equals pressure on Multi-Offers.

March 2015 – March 2016 Up 13.6%

Average Toronto Price of Homes:

Detached                   $1,174,358  Days on Market 14
Semi-Detached         $  817,611   Days on Market 11
Condos                      $  416,251   Days on Market 25

April 2016 Newsletter Harvey Kalles

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