Wednesday, April 21, 2010

Number of sales in the GTA is dramatically increased compared to the same period last year

This chart below clearly shows that the number of sales in the GTA is dramatically increased compared to the same period last year. New listings are also up, but active listings are down, meaning that there is much more demand than supply and this is why prices are rising.

You will also note that the average days on the market is half of what it was a year ago, again, this indicates that the market is very fast right now.
All the best!
Mark

Toronto Real Estate Board (TREB) Average Prices and Graph

For more information please contact A. Mark Argentino

A. Mark Argentino, Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc., Brokerage
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS. 905-828-3434
FAX. 905-828-2829
E-MAIL: mark@mississauga4sale.com
Website: Mississauga4Sale.com

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