Toronto Real Estate Sales In 2012 – So Far

How’s the Toronto Real Estate Market faring in 2012 so far? Quite well! The Toronto Real Estate Board has just released its mid-month resale housing figures for January 2012, which covers Toronto home sales through the Toronto MLS Listings for the first two months of January in 2012.

Toronto Real Estate sales are doing well even early in 2012. Think warm thoughts!

“The market didn’t miss a beat after the holiday season, with robust sales growth continuing and sellers’ market conditions remaining in place,” said Toronto Real Estate Board President, Richard Silver, in a press release about the mid-month housing figures. “Strong competition between buyers continued to push the average selling price higher in the Greater Toronto Area relative to a year ago.”

GTA real estate agents reported 1,506 sales using the Toronto MLS Listings during this time period, which is an increase of six per cent. New listings also increased over the same time period, rising 3.7 per cent over last year.

To see the full press release, including average prices and sales by property type and area code, click here!

« Renovating Your Toronto Real Estate | Home | Hot New Toronto Real Estate Listing In Upper Beaches »