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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Toronto Deals Up 11% in First Quarter

April 5, 2017 - Updated: April 5, 2017

Transactions in 2017 Up Almost 11% in Toronto

 

Everyone seems to say that there are a “shortage of listings”, that there is “no supply whatsoever” and that “no one wants to sell”. This is true to a certain extent, but let’s just look at the number of transactions in the first quarter of 2017 compared to 2016.

 

2016

4,640                             January

7,583                             February

10,260                           March

22,483                           First Quarter

 

2017

5,165                             January

7,997                             February

12,077                           March

25,239                           First Quarter

 

There were 2,756 more transactions undertaken this year through the Toronto Real Estate Board than in 2016, that’s a 10.92% (almost 11%) increase.

 

We obviously need more inventory, but with the price growth that we have seen, those new listings should soon arrive.

 

This will be an interesting month.

 

Image result for transactions clipart

 

Brian Madigan LL.B., Broker

www.iSourceRealEstate.com


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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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