How’s the real estate market in Toronto doing you ask? Tired of having to sift through tons of information just to get a brief overview of what’s happening? Well look no further! I present you with the 1 minute Toronto real estate market update, straight to the point & quick! Tune in here twice a month where I will be giving you an update during the first 14 days of every month as well as an update at the end of the month for the Toronto real estate market. In 1 minute you’ll find out how our market is doing, whether it’s a buyers or sellers market and Toronto real estate prices.
Here’s the next video for the month of September, enjoy (video transcript available at the very end of this post)!
Looking for more information or have any specific questions you want to ask? Then make sure to send them over and I will be happy to answer them.
Want to receive those 47 monthly Toronto neighbourhood reports I mentioned in the video? Then click Toronto Stats.
Lastly here are some in depth infographics done by my amazing brokerage, Sage Real Estate for detached homes, semis/row homes and condos…..See you back here next time for another update on real estate in Toronto!
Hey everyone it’s The Realty Queen and I’m back with my one minute Toronto Real Estate Market Update, this time for the month of September. Fall market was off to a great start with sales up 30% when compared to last year’s numbers. Now the strong demand for low rise homes coupled with shortage of listings, drove the price growth and sales up in September. Now the average selling price in the 416 area for September was $571,410 which was almost a 5% increase when compared to last year’s numbers. Now, our detached homes and townhouses did really well this September and saw price increases of 10.2% and 7.5% respectively. So now, what does this all mean? Buyers, interest rates are still low so if you’re thinking of buying and holding off, don’t because interests rates will go up next year and then you’ll be sorry you didn’t. And sellers, you heard me. There’s a shortage of inventory so if you’re thinking of selling, give me a call I can definitely get your home up for sale and sold really fast. Now, if you’re looking for more neighbourhood specific information, I think I got about 47 neighbourhood reports I could send you on a monthly basis. All you got to do is go to www.torontoweststats.com and get yourself on the list. Now, before I sign off, make sure to check out our latest listing at 178 Lippincott St in Harbour Village. It’s truly a unique property and, I can give you a hint, it’s a two for one special. So make sure to check out the video just floating somewhere above my head there and let me know if you need more information. Well, that’s it for me, and we’ll see you back here real soon.