August Toronto Real Estate Market figures are out. Click on your neighbourhood of interest for a detailed summary: Downtown | East Toronto | West Toronto | Midtown | The Beach(es)

The downtown Toronto Condo market continued to see gains with the average sales price increasing 7.2 percent to $490,093. Inventory increased when compared to the same period last year, up about 140 listings.Market-Snapshot-Downtown-August-2014-FNL-WEB East Toronto continues to increase. Prices were up 13.4 percent, while listings remained virtually the same when compared with July 2013. Market-Snapshot-East-Toronto-August-2014-FNL-WEB Midtown average prices are still above the million mark, up 7.6 percent year-over-year. Supply was up though, bringing the market into a better balance for sellers and buyers – much the same as in last month’s update.Market-Snapshot-Midtown-August-2014-FNL-WEB West Toronto saw an ever-so-slight decrease in average prices of 1.7 percent. However, sales volumes were up since July 2013. The number of new listing increased by just under 300 year-over-year.Market-Snapshot-West-Toronto-August-2014-FNL-WEB The Beaches are still one of the hottest markets in the city. Sales were up 11.4 percent at an average price of $759,956. Supply remained even compared to July 2013.Market-Snapshot-TheBeaches-August-2014-FNL-WEB

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