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December 2016 Market Watch


Blog by Nigel Denham, Senior Vice President - Sales | January 5th, 2017


MARKET WATCH LOGO FOR LINKEDIN.jpgRecord Sales in 2016


Toronto Real Estate Board President Larry Cerqua announced that 2016 was a second consecutive record year for home sales. Greater Toronto Area REALTORS® reported 113,133 home sales through TREB’s MLS® System – up by 11.8 per cent compared to 2015. The calendar year 2016 result included 5,338 sales in December – an annual increase of 8.6 per cent.

The strongest annual rate of sales growth in 2016 was experienced for condominium apartments followed by detached homes.


Click Here For Complete Report  I  View Video  I  December 2015 Report