With 4,355 home sold in January (6.1% increase over January 2014), and the average selling price for January 2015 up by 4.9 % year-over-year to $552,575, 2015 is shaping up to be another record year for real estate sales in Toronto.
When you think about it, it's really not a surprise given the economic factors.
So as you can see, I believe we are in for another boom year for real estate. As the old saying goes, "Have you bought your land yet? We are not making any more!"
The low interest rates make it a great time to upgrade your home or to buy an investment property. So if you are considering it, or know of a friend who is, I would be happy to help.
Have a great February, and keep warm!
Your friend in Real Estate
PS I am never busy for your referrals!
Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 6,338 home sales through the TorontoMLS system in February 2015. This result represented a... substantial 11.3 per cent year-over-year increase compared to February 2014.
Toronto Real Estate Board President Paul Etherington announced that TREB Commercial Network Members reported 553,178 square feet of industrial, commercial/retail and office space leased through the To...rontoMLS system in February 2015. This result was up by almost 38 per cent compared to February 2014.
CALGARY, March 4, 2015 /CNW/ - UrbanStar Capital and the UrbanStar group of companies, a Canadian real estate asset management and investment firm, have opened a new office in Tokyo, Japan, strategic...ally located in the prestigious business district of Hirakawa-cho, Chiyoda-ku. Plans to develop operations in Tokyo were initiated by Dean Frank Gorenc, CEO of UrbanStar, to better service and ...