The Toronto Real Estate Board reported 3,206 resale through the Multiple Listing Service, an increase of 9 per cent during the first 14 days of February.
It was good to hear new listing of Toronto and Area homes were up 13 per cent over the same period last year.
A more balanced resale Real Estate Market would result in less pressure on resale prices.
The average price of a Toronto detached home (416 area) was $776,011, up 3% and the average price of a resale Toronto Condo was $388,215, up 8% from the same time last year.
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