GTA Home Market Watch – March 2012

You thought March 2011 GTA resale market was hot?  Well then March 2012 was on fire with over 8% increase in sales over March 2011.  Incredible mortgage offers such as 2.99% for 4/5 years fixed offerings by several Canadian banks helped fuel this growth along with lack of overall inventory pushing the average sale price up more than 10%.  I have several Buyer clients and it has been a great challenge in finding homes for them  due to the low inventory homes in the market.  I am hoping more listings coming on the market will help ease the price increases that are pushing home affordability out of reach for several buyers.

Here is a recap of numbers for March 2012:

  • December 2011 MLS sales: 9690* (up 8% vs March 2011)
  • December 2011 Avg sale price: $501,614* (up 10% vs March 2011)

Read the full March 2012 Market Watch*

Contact me today for:

  • Free Home Evaluation
  • Free Moving Service
  • Full Service Marketing including MLS, HD Photos, Virtual Tour, Full Colour Brochures, Social Media, and much much more
  • Competitive Commission Packages

Happy Home Hunting…

* credit and source Toronto Real Estate Board

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: