Posted by: torontocondo | July 14, 2013

Toronto Home Prices Expected To Rise Year-Over-Year

Toronto Home Prices Expected To Rise.

Low interest rates and a shortage of Toronto Homes for sale will both contribute to a rise in Home prices for 2013.

Toronto Home prices are expected to rise by 2.5 per cent that should see the average GTA Home price increase to $511,500 according to a recent survey by Royal LePage Realty.

Resale Toronto Homes are expected to be lower by 4.5 per cent by the end of 2013 compared to a year ago.

The Toronto Condo market continued to hold on to positive prices with the average price of $366,189, up 0.7 per cent year-over-year.

View Toronto Downtown Condos for sale/rent.

View Toronto Rosedale Homes For Sale

Iris Li, Toronto Condominium Realtor specializes in Toronto Home and Condo Real Estate MLS Listings, both new and resale.


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