Strong Growth in June House Sales Reports Toronto Real Estate Board

Stepping into his role as President of the Toronto Real Estate Board, Paul Etherington announced a strong increase in residential sales reported through the TorontoMLS system in June. Sales were up by 15.4 per cent year-over-year to 10,180 transactions. New listings were also up compared to the same period in 2013, but by a lesser annual rate. This means that competition between buyers increased in June.

Click on the video to hear the complete report.

What do you think about our summer market? If you have been thinking of selling your home it’s interesting to note there is still competition out there between buyers and that house prices have increased 7% since last year.

If you have been thinking about selling your Etobicoke home or Toronto West home, why not give me a call or send me an e-mail to set up an appointment? I would be happy to go through a Comparative Market Analysis for your home. You may be pleasantly surprised by what your home is worth in today’s market!