Friday, November 13, 2009

Housing market indicators in the Toronto and GTA marketplace

The chart below shows you how the housing market is progressing compared to
the same month last year.

You can see that real estate sales are up about 64%, the number of active
listings is down significantly by about 46% and this is part of the reason
why our market is so 'hot' and prices are rising.

All of the above results in the days on the market decreasing by about 30%
from the same month last year, this is why we say the market is so 'fast'
right now.

All the best!

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