A strong performance within TREB’s Central districts drove the Toronto area real estate market to a healthy 5,073 sales in January, off just two per cent from last year’s record performance, President Maureen O’Neill announced today.
“While sales were strong, price increases remained modest, with the average rising six per cent to $374,449,” said Ms. O’Neill.
There is short supply in some neighbourhoods for great houses. If you are considering selling, now is a great time as there is very strong demand from buyers. If your home shows well you will be in great a position to receive multiple offers.
Neighbourhood Watch – January 2008
Based on homes sales that month.
E02 -The Beach (coxwell, danforth, victoria park)
E03 – Danforth North (DVP, victoria park, danforth)
E01 – Danforth South & Riverdale (DVP, danforth, coxwell)
C04 – Bedford West & Lytton Park (allen, 401, yonge, eglinton)
C09 – Rosedale (yonge, st.clair, bayview, bloor)
C03 – Forest Hill (allen, eglinton, yonge, st.clair)
C12- Lawrence Park/Bedford East (yonge, 401, leslie, eglinton)