Camilo  Mesa

Camilo Mesa

Sales Representative

ROYAL LEPAGE SIGNATURE REALTY, Brokerage*

Mobile:
416-985-9216
Office:
(905) 568-2121
Email Me

OCT 2018

WONDERFUL NEWS!!  October market news is out!

It is now the 5th month in a row that we have seen both price and sales volume increase.

Months of inventory, has notably gone down, which is a leading indicator that prices will be rising.

Greater Toronto Area REALTORS reported 7,492 sales through TREB's MLS System in October 2018

That is a 6 % increase compared to October 2017.

 On a preliminary seasonally adjusted basis, sales were down by 1% compared to September 2018.

GTA

CITY OF MISSISSAUGA

The average sale price for October 2018 was up 3.5 % on a year-over-year basis to $807,340.

Price growth continued to be driven be the condominium apartment and higher density low-rise market segments.

CITY OF OAKVILLE

There were 14,431 new Listings entered into TREB's MLS® System in October 2018

This was down by 2.7 % compared to October 2017.

The fact that sales were up and new listings were down year-over-year in October suggests that market conditions became tighter.

Have Questions?

By submitting this form, you are providing express consent to receive commercial electronic messages from www.camilomesa.com. You may unsubscribe at any time.