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There were 8,595 homes sales in July - compared to 6.916 in July 2018 - a substantial increase of 24.3%. There were 14,393 new listings for the month up 3.7% compared to 13,873 new listings in July 2018. With sales up 5.1% over month-to-month, market conditions clearly tightened compared to last year. Active listings at the end of Jul were down by 9.1% year over year. The MLS Home Price Index (HPI) Composite Benchmark was up year over year by 3.6% - the highest rate of growth in more than a year. The average sale price for July was $806,755 up 3.2% from $781,918 in July 2018. Condo apartment sale prices across the TREB market area were up 6.7% year over year. Average days on the market in July was 23 days - down from 25 days in July 2018. The range of the list price to sale price in the GTA goes from 93% to 99% depending on the amount of inventory in that particular area.
Improve your home's value with these tips
When putting a house up for sale, one of the most important factors you should consider is your home's exterior as this is the first step to d
For those wanting a steady return on their money, houses can be a sure bet. When the baby boomers started madly buying houses
1. Failure to effectively market the property. Good marketing distinguishes your home from hundreds
To make the best remodel or move decision, it is important to understand all the reasons that you have to remodel and all the reasons that you have to move. This article reviews common reasons to move.
Watch Royal LePage TV for helpful tips in preparing your home for sale, financing, making an offer, making your home energy efficient, updating your bathroom, landscaping and buying a recreational property.