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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!

Wednesday, February 15, 2017

Toronto house price surge drives national index higher

Canada’s housing market was worth almost 13 per cent more in January compared to a year earlier, with prices driven by a huge surge in Toronto.

The Teranet-National Bank House Price Index was up 0.5 per cent compared to December, matching its largest rises in its 18-year history, in 2003 and 2010.

Month-over-month prices were up in 7 of the 11 markets surveyed led by Hamilton (1.1 per cent), Toronto (0.8) and Montreal (0.8). There were below-national-average rises for Vancouver (0.3), Victoria (0.2), Calgary (0.1) and Quebec City (0.1).

Halifax prices were flat while prices were down from the month before in Winnipeg (0.7), Ottawa-Gatineau (0.7) and Edmonton (0.1).

Toronto house prices soared by a record 20.9 per cent year-over-year followed by Hamilton with a record increase of 17.6 per cent. Victoria (17.1 per cent) and Vancouver (16.4 per cent) also saw double-digit increases.

There were smaller increases year-over-year for Ottawa-Gatineau (4.0 per cent), Montreal (2.8), Winnipeg (2.4), Halifax (1.6), Calgary (1.4) and Edmonton (0.5); while prices in Quebec City slipped 0.2 per cent.

MBN

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