Home sales in November 2016 were incredible.
The stats below are as compared to November 2015
Homes are selling much faster.... the average time to sell is down 34.6%
New listings are up 10% which will help with the supply issue
This is the big one! Average price is up 22.7% in the GTA!!!
Sales are up 16.5%
The bottom line is the market is still very much in favour of sellers.
If you are thinking about selling give me a call at 647-242-2743 or email me at gord@gordhonor.com and I would be happy to help determine the current market value of your home.
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