Greater Toronto Area Mid-January Resale Housing Figures by Zoocasa
Toronto-area home buyers have long been feeling the pinch of a cut-throat real estate market – available housing in Toronto has been shrinking, while prices shoot sky high. And the latest numbers show this trend isn’t reversing. Check out this infographic from Zoocasa illustrating the challenges facing the GTA market.
TREB has released the mid-January resale housing figures and we’ve distilled the information into this neat infographic! We’ve broken down the sales and average home prices by area as well as by home type. Some interesting notes for the first two weeks of 2014:
- 1,287 transactions were made and this represents an approximately 8 per cent decrease when compared to the 1,396 transactions made the same time last year.
- New listings for this period were down to 2,003 compared to 2,588 the same time last year.
- The average selling price made a 12 per cent jump to $515,990.
Curious to know about the housing figures for the month of January? Zoocasa is the top destination for sold information. In addition to reporting on mid-month figures, we also do a monthly summary all on our blog.
Ever wonder what that house down the street sold for? You can find out by subscribing to our daily email with information on recently sold homes in the Greater Toronto area. Click here to sign up.
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