JANUARY 2017 REAL ESTATE MARKET NEWS
Happy New Year!
2016 was a very busy year! In the GTA there were over $100K transactions and the Average Sales Price of a Home in 2016 was almost $730K. Predictions for this year …. the Home Buyers are still eager to Buy with Interest Rates are still low. Sellers still have the upper hand with Inventory still being low.
December 2016 The Average Sale Price of Homes in the City of Toronto:
Detached $1,286,605 Days on Market 19
Semi-Detached $ 808,920 Days on Market 15
Condos $ 466,592 Days on Market 24
For more Detailed Information, Read Harvey Kalles Monthly Real Estate News for January 2017 below:
Happy New Year ….
Thinking of Making a Move?