Recently I was asked by a Buyer what is driving the real estate market so I thought I would write a blog post about it.
According to the Toronto Regional Real Estate Board (TRREB) there will be 110,000 sales reported through TRREB’s MLS system in 2022. This is a slight dip from the record sales of 121,712 in 2021.
According to the Toronto Regional Real Estate Board Market Watch report 2020 was the third best year of real estate sales in its history. There were 95,000 housing sales in 2020. The average sale price in December was close to $930,000 and that is a new record.
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Posted by Bill Keay, member of the Jackie Peifer Team.
Proud Supporter of the Terry Fox Run.
Posted by Bill Keay, member of the Jackie Peifer Team.
December 9, 2020
Proud supporter of the Terry Fox Run.
Posted by Bill Keay, member of the Jackie Peifer Team
December 9, 2020
Proud Support of the Terry Fox Run.
Posted by Bill Keay, member of the Jackie Peifer Team.
December 9, 2020
Proud Supporter of the Terry Fox Run.
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Posted by Bill Keay
Member of the Jackie Peifer Team
December 9, 2020.
Proud Supporter of the Terry Fox Run.
Toronto Regional Real Estate Board President Lisa Patel announced that sales reported through TRREB’s MLS® System by Greater Toronto Area REALTORS® amounted to 11,083 – a new record for the month of September. This was an increase of 42.3% compared to the 7,791 sales in September 2019.
Sales through the first nine months of 2020 were up approximately 1% compared to the same period last year.
