Home   |   For Buyers   |   For Sellers   |   Listings   |   Featured Properties   |   New Condos   |   New Houses   |   Power of Sale   |   News & Articles   |   F A Qs   |   Testimonials   |   Contact Us

Toronto condo market showing great signs of comeback and higher sales in September 2013.

Toronto Condo Market Comeback

Toronto’s real estate market continues to confuse the people trying to predict what it will do next. The rebound in sales in the first half of September was even more eye-popping than the jump in August.

The Toronto Real Estate Board reported this week that sales increased 29 % in the first 14 days of September, 2013. What’s more, those plentiful condos led the way.

Over all, new listings slipped 2 per cent while prices rose by 4 per cent on an annual basis.
Toronto Real Estate Board’s senior manager of market analysis, says, “the only argument that makes sense is for continued home price growth in the Greater Toronto Area for the remainder of 2013.”

All segments of the market had a bump, but sales of condos in the Toronto core increased by a whopping 42.6 %.
The market during last August and September was  in terminal decline that it’s easy to look good in comparison.
Sales in cities across Canada were no doubt juiced by potential buyers who were jumping in with their pre-approved mortgages before rates move higher.

No one predicted a big mid-year bounce in home sales at the start of 2013 and in fact most media reports forecasted a considerable decline in prices, which all proved totally wrong. While the sales figures have been up and down like a yo-yo over the past year, prices just keep quietly churning ahead.



More Articles


FREE Monthly eNewsletter
Full of Real Estate Tips & Knowledge
Clients' reviews about Remax Agent Team Paliwal
"Our experience with Paliwals... in two words 'Top Quality'....". Martin & Mary Gizzarelli, Burlington

" As a first time buyer... one phone call to Team Paliwal... immediately felt comfortable... told them my strict budget and my must have list... found my dream home..." Rose Colacci, Brampton
  Gyanesh & Anshu Paliwal
  REMAX  Realty Specialists Inc., Brokerage
  (An Independent Member Brokerage)
(905) 363 2883

Totally FREE Services your Real Estate Agent must provide when you buy house property in Ontario, Canada

Why Sign a Buyer Representation Agreement to buy a home in Toronto,Mississauga,Brampton & Oakville area ?

Tips & Advices ...
..... for the home Buyers & Sellers in Mississauga, Brampton, Toronto Area.

2008 Copyright Real Value Home.
All rights reserved.