Canada’s October Housing Market is being driven by the big three, Toronto, Vancouver and Calgary in Home sales.
Gains in the Canadian Housing Market are the direct result of the hot Home sales, especially Toronto as it is the biggest in sales numbers while Vancouver has the higher resale average Home price.
The October Home sale numbers are the best since October 2009.
Sales-to-new Home listings remain at 55.7 per cent right on the 10 year average according to the Canadian Real Estate Association.
In Toronto average Home prices rose 8.3 per cent from last October with Detached Homes driving the gains at 9.3 per cent and the Toronto Condos increasing by 4.5 per cent year-over-year.
Where in Toronto do you want to live?
- Distillery District Condos For Sale/Rent
- Yorkville Condos For Sale
- St Lawrence Market Condos Sale/Rent
Many of these desirable Toronto Condominiums are close to Rapid Transit and many of them offer work and play in the very same neighbourhood.
Each one of the above Toronto Condominium Districts are more than enough to attract both Condo buyers and Condo renters.
Take a look and be sure to call me to arrange showings for any of these Toronto Condos that may just interest you!
Iris Li is a ReMax Condos Toronto Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts.
Call today for a scheduled showing for any of these Toronto Condo properties or Toronto Single-Detached Homes!