Warm unseasonable weather and low mortgage interest rates push record Home and Condo sales and higher prices in Toronto and Vancouver.
In Both Toronto and Vancouver this was a record for February Home sales.
In Toronto the average price of a detached Home was $1.2 million, in the greater Vancouver area a detached Home was $1.3 million, up 27 per cent from last year.
Condos in the Greater Vancouver Area sold for an average price of $454,600 up 17 per cent from a year ago, in Toronto the average Condo price in February was $435,579, up 17 per cent.
There are a lot of buyers in Toronto and Vancouver chasing Homes and Condos for sale and we are sure the Spring Real Estate Market will be more of the same.
City Of Toronto MLS Home/Condo Sales And Average Price February, 2016
|Toronto Detached Home
Toronto Condos had 1,439 sales in the Toronto 416 area, up 25.6% with the Toronto Condo average price trending up 17.8% to $435,579.
Where in Toronto do you want to live?
Each one of these Toronto Condominium Districts are more than enough to attract both Condo buyers and Condo renters.
Many of these Toronto Condos are very close to Rapid Transit and many of them offer work and play in the very same neighbourhood.
Take a look and be sure to call me to arrange showings for any Condos that may just interest you!
Iris Li is a Toronto Condos 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!
Toronto Home And Toronto Condo Average Price February 2016