Toronto Real Estate Market Update | November 2015

By Ilan Joseph, Broker, ABR, e-PRO, AMP | © All rights reserved

Toronto Real Estate Market Update | November 2015

A record breaking year for the Toronto real estate market! October and November were both broke records for most homes sold in Toronto’s recorded history. Up 14% from last November and with more homes sold in the first 11 months of this year beating outpacing all sales for the entire 2014 calendar year, its safe to say 2015 was a strong year for Toronto real estate.

Demand for ownership is not letting up. Current interest rates, with steady immigration and lack of supply are all to blame for this surge.

You can expect this trend to continue into 2016.

November 2015 year over year infographic - toronto

See the full report here: Toronto Market Watch – November 2015

If you have any questions about the TorontoVaughan or Thornhill real estate market, feel free to contact me.


 

 

IMG_0080 bwIlan Joseph is a Real Estate Broker with Sutton Group and is co-founder of a 10-person award-winning Toronto, Thornhill and Vaughan real estate team.

You can find him on LinkedIn, Twitter, YouTube and Google+.

For over 13 years, Ilan has provided more than 1650 buyers and sellers valued advice and service, enabling them to reach their real estate goals.

He’s kind of like the Bruce Willis of real estate.