Brian Madigan LL.B., Broker
BRMadigan@iSourceRealEstate.com

RE/MAX West Realty Inc.,
Brokerage
Independently owned and operated

96 Rexdale Blvd. 
Toronto, Ontario 


Phone: 416-745-2300
Toll Free: 1-888-507-0817

 

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February 2013 Mid Month Report from TREB

February 19, 2013 - Updated: March 1, 2013

 

February 2013     Marlet News: Sales Down  and Prices Up

 

Sales are off slightly, but the prices are up. That’s the news from TREB.

 

The pressure is on the “low-rise” market. Fewer listings place upward pressure on the sale prices and consequently the listing prices.

 

The actual number of sales during the first 14 days of February in 2013 was 8.3% lower than that same period last year.

 

The sale of condominium apartments is down:

 

 14.4% in Toronto (the 416)

 11.6% in the 905

 

Prices for condo apartments went down by 8.3% in Toronto, yet marginally increased in the 905 by 2.3%

 

 

Have a look at the Report from TREB

 

http://communications3.torontomls.net/newstand/news/2013/mn1302/pdf/nr_mid_month_0213.pdf

 

Any questions, please give me a call.

 


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Brian Madigan LL.B. Broker

RE/MAX West Realty Inc. Brokerage

Independently owned and operated

96 Rexdale Blvd. , Toronto Ontario,

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