Many, if not all of you have likely seen the headlines this week about the ongoing strong recovery of the Toronto real estate market. 

Sales have continued to post excellent gains from June right through to September when unit sales were up 28% in the GTA and +31% in the central 416 area.  The changes by area are shown in the table below. 

As in the previous few months, sales increases were strongest in the lower price ranges and in condominiums.  We are also now seeing increasing, and steady strength in the market above one million dollars.  

While sales are up, the available listings in September were -42% vs the levels of last September.  This is definitely creating a seller's market and resulting in a lot of ‘multiple offers'.   

If you are looking to sell, this is an ideal time to take advantage of this very strong market.  Give me a call to talk about selling your home.  Setting your price is one of the first decisions you'll have to make and our first article discusses a service that estimates your home's current market value.