Toronto Real Estate Board has announced that TREB MLS® GTA home sales started the new year off strong, in January. Property sales increased 8.2% for the month compared to January 2015, with 4,672 residential transactions reported by GTA REALTORS®. New listings were down 6.2% year-on-year and active listings were down 14.1% compared to the same period last year. With sales up and listings down the average sale price climbed 14.1% for the month year-over-year and properties sold faster than during the same period a year ago, with average days on market down 6.5% to 29 days.
The Spring Real Estate Market Fast Approaches
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