top of page

November 2011 Market

According to the Toronto Real Estate Board’s Market Watch, the Fall market  continued to display vitality throughout the month of November.  GTA transactions were up 11-percent from November 2010, from 6,384 to 7,092.  As well, new listings were up 14% year over year.  The average price was $480,421, a 10-percent increase year over year.

It is expected that the New Year will bring with it a more balanced real estate market, with more listings entering the market hopefully stabilizing the fast growth pace of average prices experienced so far in 2011.

Year over Year Overview20112012% ChangeSales7,0926,38411.1%New Listings9,7868,58614.0%Active Listings15,55115,813-1.7%Average Price$480,421$437,4949.8%Average DOM2934-14.9%

0 views0 comments

Recent Posts

See All

Grow your Real Estate Business Using Social Media

If you are still not convinced you should be using social media marketing for your real estate business, think again.  Take a look at this article I found posted on Social Media Today: ~~~~~~~~~~~~~~~

bottom of page