Greater Toronto Area (GTA) Real Estate Market Update - March 2013
While Sales have dropped year over year for March the average price continues to climb.
The Average Selling Price for homes in the GTA .....up 3.8% for the same period last year
Over all sales numbers..... Down 17% for detached homes during the same period last year.
The drop in sales numbers has been partially attributed to three factors one is the shortage of listings in some market segments two being the stricter mortgage lending guidelines, the third is the additional land transfer tax imposed by the City of Toronto.
You can view all the Greater Toronto Area (GTA) Real Estate Market Update Charts here
The Real Estate Market Is Local
and sometimes hyper-Local
These figures represent a broad range of properties Across the GTA.. The best way to determine the Value of Your Home is a Comparative Market Analysis. To discuss today's local Uxbridge Real Estate Market Conditions, the current value of your home or the marketing of your Home please give me a Call or Text me