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GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Friday, January 27, 2017

Toronto condo sales continue to boom

There was a 22.3 per cent year-over-year rise in condo sales in the Greater Toronto Area in the last three months of 2016 with 6,831 units sold. Toronto Real Estate Board says that new listings were down 13.4 per cent in the fourth quarter, further tightening market conditions.

“Gone are the days when we were concerned about a potential glut in inventory in the condominium apartment market,” said TREB president Larry Cerqua. “The supply concerns that have been top-of-mind for ground-oriented home types are also now a reality for the condo market segment. Regardless of the price measure considered, heightened competition between condo buyers has resulted in double-digit price inflation.”

The average selling price for a condo apartment was $437,281, up 14.5 per cent at the end of 2016 compared to a year earlier.

MBN

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