AWESOME NEWS!! September market stats are out!

With September already behind us we are only 3 months away from 2019. 

As we start to wrap up the year, the numbers for September came in positive with the average price for a home up almost 3% and sales volume up 2% over September of last year.

These results demonstrate continued consistent growth in our market over the last four months.

Toronto Real Estate Board President announced that Greater Toronto Area REALTORS®

reported 6,455 sales through TREB's MLS® System in September 2018

up 1.9 % compared to September 2017

GTA DATA

CITY OF MISSISSAUGA

The average selling price for September 2018 sales was up by 2.9 % over the same period to $796,786

New listings entered into TREB's MLS® System in September 2018 amounted to 15,920 – down by 3.1 per cent compared to September 2017.

OAKVILLE

It is important to remember that TREB's market area is made up of over 500 communities.

Market conditions have obviously unfolded differently across these communities.

This is why it's important to work with a REALTOR® who is familiar with local market conditions in your areas of interest

On a monthly basis, after preliminary seasonal adjustment, sales edged up by 0.2 % in September 2018 compared to August 2018. The average selling price, after preliminary seasonal adjustment, edged lower by 0.5 % month-over-month.

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