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1801 Harwood Av Ajax, ON, Canada

WHAT A CRAZY MARKET SOLD. SOLD. SOLD 137 Showings... 10 Offers

TORONTO, ONTARIO, December 3, 2020 The record pace of home sales in the fall continued with 8,766 sales reported in November by Greater Toronto Area REALTORS through the Toronto Regional Real Estate Board’s (TRREB) MLS System. This result was up by 24.3 per cent compared to November of last year. Generally speaking, year-over-year growth in sales was stronger for single-family homes in the GTA regions surrounding the City of Toronto, but annual single-family growth rates ...remained robust in the ‘416’ area code as well. Home buyers continued to take advantage of very low borrowing costs in November, especially those looking to buy some form of single-family home. Competition between buyers for ground-oriented homes has been extremely strong in many neighbourhoods throughout the GTA, which has continued to support double-digit annual rates of price growth, said Lisa Patel, TRREB President. The MLS HPI Composite Benchmark was up by 10.6 per cent in November 2020 compared to November 2019. The average selling price for all home types combined was up by 13.3 per cent to $955,615. See more

HAPPY NEW YEAR EVERYONE The beginning is the most important part of the work. Plato

T-MARKET UPDATE- GTA, November, 2020 Home sales in the Greater Toronto Area (GTA) were up again year-over-year for the fourth month in a row. Our Members made 10,563 sales as reported through the Toronto Regional Real Estate Board’s MLS System in October 2020. This was up by 25.1 per cent compared to 8,445 transactions in October 2019. Sales and new listings reached record levels for the month of October. However, year-over-year growth rates for sales and new listings diverged in some market segments. In the detached market segment, the pace of annual sales growth far outstripped growth in new listings. Conversely, the condominium apartment market segment experienced more than double the new listings compared to October 2019, whereas sales were only up by 2.2 per cent over the same period.

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