July’s Market Stats are out!! With great numbers
Strong growth in the number of home sales and the average selling price reported by Greater Toronto Area REALTORS® in July 2018
Home prices continue to rise with the average monthly sale price up from $736,783 in January to $782,129 in July.
Residential sales for July 2018 amounted to 6,961 – 18.6% compared to July 2017.
Over the same period, the average selling price was by 4.8% to $782,129, including a moderate increase for detached home types.
New listings in July 2018 were by 1.8% year-over-year.
Preliminary seasonal adjustment pointed to strong month-over-month increases of 6.6% and 3.1% respectively for sales and average price.
Seasonally adjusted sales were at the highest level for 2018 and the seasonally adjusted average price reached the highest level since May 2017.
#Homeprices #Homesales #prices #treb #condoprices