Greeting from Fabulous Mississauga!
The graph below clearly shows the pattern of the annual real estate cycle for Toronto, the GTA in Ontario over the past 20 years.
| This graph shows the cycle of how average price increases in the late winter and early spring, decreases during the summer months, increases again in the fall (but usually not as high as the highest price in the spring) and then decreases again over the early winter months. The cycle repeats itself with near certainty, year after year and has done so since at least 1995. When will this regular price increase stop? Nobody knows for sure, but it's a very interesting trend to see the seasonal fluctuations in home prices. The only period that didn't show this regular increase was late 2008 to early 2009 during the Global Financial Crisis when housing prices fell more than 50% in some markets in the USA and elsewhere. We only experienced a small downward 'blip' in our prices and then the steady increase began again in the spring of 2009 The graph below shows average single family residential prices of homes for the Toronto Real Estate Board. Or, maybe you would like to see the average prices of single family residential homes since 1985 |
I hope this finds you Happy and Healthy!
All the Best!
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
BUS 905-828-3434
FAX 905-828-2829 CELL 416-520-1577
mark@mississauga4sale.com
P. Eng. Broker
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
BUS 905-828-3434
FAX 905-828-2829 CELL 416-520-1577
mark@mississauga4sale.com
Mississauga4Sale.com
- Thinking of selling your home in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
http://www.mississauga4sale.com/internet-evaluation.htm - Power of Sales and Foreclosureshttp://www.mississauga4sale.com/Power-Sales-Bank-Sales-Alert-Request.htm
- If you have not already signed up to receive my monthly real estate newsletter, you may do so here: On-Line Real Estate Newsletter sign up
http://www.mississauga4sale.com/popupquestion.htm - See seasonal housing patternshttp://www.mississauga4sale.com/TREBprice.htm
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