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TORONTO REAL ESTATE MARKET STILL CLIMBING

Statistics Canada says the price of a brand new house rose 0.3 per cent in February from the previous month, following a 0.1 per cent rise in January.

The agency says the increase in its new housing price index was powered by gains in Toronto and Oshawa, which were slightly offset by a decline in Vancouver.

On a year-over-year basis, the index was up 2.3 per cent in February, following a 2.4 per cent increase in January, with the gains again driven by prices in Toronto and Oshawa.

The largest year-over-year increases were recorded in Regina (up 5.9 per cent), Toronto and Oshawa (up 5.8 per cent) and Winnipeg (up 3.8 per cent).

The largest month-to-month increase came in Regina, where prices were up 2.4 per cent because of higher land development costs and higher costs for material and labour.

Prices were unchanged in five of the 21 metropolitan regions surveyed.

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johnchai

johnchai

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This is good news. Real estate is indeed a profitable industry. However, in order to succeed in this field, you really need to have the required knowledge and skills. essay samples writer Sarah

It is good to hear that

It is good to hear that Toronto Real Estate Market is still climbing, it is a good news for a realtor as well as the real estate agents. Thanks for sharing this information.
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The average sale prices of

The average sale prices of Toronto homes continued to climb in June, but rising mortgage rates and an oversupply of condos could spell trouble for the city's real estate market, economists said. Thanks for your blog.

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