Mid August 2016 stats are still stunning!

Sales were UP by almost 15% compared to the same period last year! But don’t think that the city is all of a sudden going through a surge of new inventory. No, no…

66% of those sales took place in 905!!  81% of the detached homes that sold in the first 2 weeks were sold in….you guessed it! in 905.

Sales of semi-detached in our fair city SHRANK by 20%.

Unknown But wait!  Average Sale Prices SOARED by 18% compared to last year….and that INCLUDED the sale of condos, which are more digestibly priced than houses in the city.

Condo sales are UP BY 17% for all you “non-believers” in the health of this segment of the market.  However, thankfully, prices are up by “a mere” 6%.  A healthier balance to be sure, but there ARE areas and buildings that are just as HOT and in a Seller’s market as the freehold home segment.

The “holdback” on listings suggests there will be a significant uptick in listings for September.  That said, I don’t expect the extreme thirst being experienced by home buyers will be nearly quenched!  Stay tuned! and please let me know how I can help YOU today!

My Clients Have the FIRST word and the FINAL say!

“We got it! We got it! The house of our dreams! It’s officially OURS! Thank you Jill! If anyone needs a killer, no BS realtor in Toronto, Jill Lubinski is your woman!”

- Kate Akman

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