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

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

96 Rexdale Blvd. 
Toronto, Ontario 


Phone: 416-745-2300

Cell: 647-404-8150 
Toll Free: 1-888-507-0817

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Toronto Market Increases 14.30% Annually over 30 Years

January 16, 2018 - Updated: January 17, 2018

Toronto Market Increases 14.30% Annually over 30 Years
 

Real Estate Performance over Thirty Years (1987 to 2017)

 

How did real restate perform over the last thirty years?
 

The average sale prices as reported by TREB for single family homes of all types in the GTA, including houses, townhouses and apartments, for the period ending 31 December 1986 was $138,925. That’s the same as the first of January 1987 number.
 

The December closing number for 2017 was $735,021.
 

Let’s start out at the beginning of 1987 and compare that to now. We saw a $596,096  increase or 429.08 % over 360 months, or 0.0119 % per month which is 14.30% annually.  That’s the straight line percentage calculation not one which is internally compounded.
 

So, that’s a 14.30% annual increase over 30 years, which is a sizeable return over that time period.
 

Not too many people are looking at the 30 year numbers, but they do show excellent performance.


 

Brian Madigan LL.B., Broker

www.iSourceRealEstate.com


Tagged with: 30 year performance treb statistics
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Brian Madigan LL.B. Broker

RE/MAX West Realty Inc. Brokerage

Independently owned and operated

96 Rexdale Blvd. , Toronto Ontario,

Phone: 416-745-2300

BRMadigan@Rogers.com

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