TORONTO AND ETOBICOKE REAL ESTATE HOME SALES FOR OCTOBER 2016

Posted on: November 8th, 2016

October Home Sales Up Year-Over-Year

Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported a record 9,768 sales through TREB’s MLS® System in October 2016 – up by 11.5 per cent compared to October 2015. The largest annual rate of sales growth was in the condominium apartment market segment. Detached home sales were up by 10 per cent year-over-year, driven  by transactions in the regions surrounding Toronto.

“The record pace of GTA home sales continued in October, with strong growth observed throughout the month. As we move through November and December, we will be watching the sales and listings trends closely. This is in light of the recent policy changes announced by the Federal Minister of Finance. TREB will once again be conducting consumer survey work, in order to report on home buying intentions for 2017,” said Mr. Cerqua.

Etobicoke Real Estate

But that is only a snapshot of what happened in the GTA. If you are looking for Etobicoke Real Estate Home Sale stats for your local area, I have you covered.

Here is a snapshot of homes sold in the month of October for Etobicoke Single Family Homes:

ETOBICOKE REAL ESTATE MARKET WATCH

Edit
DistrictActiveSold/MonthSold/YearAverage$/Month
Area Total:4863823473
W062401591457$576,411
W073938303$1,044,386
W082071851713$839,220

How did your Etobicoke market do? Do you have questions about your Etobicoke home and wonder where it falls within theses stats?

For more detailed information on your Etobicoke neighbourhood or more specifically on your own home? I invite you to give me a call or send me an email.

PART OF MY JOB AS YOUR REALTOR® IS TO PROVIDE YOU WITH UP TO DATE LOCAL MARKET STATISTICS. THIS WAY  YOU ARE KEPT IN THE KNOW ABOUT YOUR HOME’S WORTH.

THIS INFORMATION IS CRITICAL IN MAKING A DECISION IF YOU ARE THINKING ABOUT WHETHER NOW IS A GOOD TIME TO SELL, BUY  OR JUST ENJOY YOUR HOME FOR MANY YEARS TO COME!

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