| Buyers

How’s the real estate market in Toronto doing you ask? Tired of having to sift through tons of information just to get a brief overview of what’s happening? Well look no further! I present you with the 1 minute Toronto real estate market update, straight to the point & quick! Tune in here twice a month where I will be giving you an update during the first 14 days of every month as well as an update at the end of the month for the Toronto real estate market. In 1 minute you’ll find out how our market is doing, whether it’s a buyers or sellers market and Toronto real estate prices.

Here’s the next video for the first 14 days of March, enjoy! (Transcript available below)

Looking for more information or have any specific questions you want to ask? Then make sure to send them over and I will be happy to answer them.

Want to receive those 47 monthly Toronto neighbourhood reports I mentioned in the video? Then click Toronto Stats.

Have a question or thinking of selling your home?

Call/Text 1-416-707-1209 | Email oleksaka@gmail.com

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Transcript:

Hey everyone it’s the realty queen and I am back with my one minute market update, this time for the first fourteen days of March. Although Toronto is experiencing some frigid cold temperatures the real estate market was anything but cold during the first fourteen days of March. Now the average selling price in the 416 area for the first fourteen days of March was $609,199 which represented a 4% price increase when compared to last years numbers. Now most of our housing sectors did well across the board and semi detached houses saw price increase of 10.6%, townhouses saw 7.8%, and condos saw 8.3% and of course this is all compared to last years numbers. Now our detached homes were slightly down compared to last years numbers because of a shortage in luxury deals during the first fourteen days of March. So now what does this all mean? It means that it continues to still be cold in Toronto and there is a massive lack of inventory and the semi detached housing sector is definitely leading the way in price increases so if you are thinking of selling now is the best time to do it, as there is still little competition out there and buyers are actively trying to find something and fighting their way through the battlefield of real estate. Now if you are looking for more neighbourhood specific information I think I got about 47 neighbourhood specific reports I can send to you on a monthly basis. All you have to do is go to www.torontoweststats.com and get yourself on the list. Well it is really cold so I got to get going but thanks so much for tuning in and we will see you back here really soon for another update in real estate.

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