Toronto house prices surge 10 per cent in March; no relief in sight

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Townhome sales were up 8.3 per cent in the 416 region, year over year, and 9.1 per cent in the 905 regions with the average sale price hitting $546,993 and $438,503 respectively.
 
This article is called Toronto house prices surge 10 per cent in March; no relief in sight. It was posted by Susan Pigg and appeared on The Star website. It was published on April 7, 2015. This article discusses about prices of Toronto homes went up 10% per cent in March compared to over a year ago due to high competition for high-end houses. Also, new listings were up 5.5 per cent in March compared to a year ago. According to the figures released on Tuesday by the Toronto Real Estate Board, sales were up 11 per cent. Throughout the spring season we will continue to see strong competition between buyers and sellers.

 
Reference:

Pigg, S. (2015). Toronto houses prices surge 10 per cent in March; no relief in sight. Retrieved from The Star: http://www.thestar.com/business/2015/04/07/toronto-house-prices-surge-10-per-cent-in-march-no-relief-in-sight.html
 


 

 


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