Last month in the GTA, the number of home sales was up by 52.5%, new listings were up by 42.6% and the average home price was up by 14.9%, compared to February of 2020.
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“Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs. With multiple buyers continuing to compete for many available listings, double-digit annual price growth was the norm throughout the GTA, with stronger rates of growth in the suburbs surrounding the City of Toronto.”
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Questions? Call or text me at 416-725-3544.
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Miia
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