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 saw a slight increase of 2.3 percent in average sales price in December 2014. The number  of actual condos sold was just 21.Market-Snapshot-Downtown-0115-FNL-WEB

 

East Toronto continues to increase. Prices were up 7.8 percent, while listings were up ever so slightly. It is definitely still a seller’s market as inventory challenges continue to frustrate potential buyers.Market-Snapshot-East-Toronto-0115-FNL-WEB

Midtown average prices steady year-over-year. The number of homes sold in Midtown was up in December 2014, compared with December 2013.

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West Toronto saw an increase in average prices of 5.3 percent. The number of sales and new listings were up year-over-year.

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The average sales price in the Beaches was down a whopping 16.2 percent year-over-year. This is not a cause for alarm since only 33 homes exchanged hands in December, a very small sample size to determine any real trend.

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