July's Market is HOT HOT HOT!
As posted in my podcast on www.TuneinRealEstate.com:
Hi, my name is Jarrett Hunter and I am a downtown Toronto realtor with Royal LePage. This is the market information for April 2007 for my area which is downtown Toronto – best defined as the area south of Bloor Street to the lake, west of the Don Valley Parkway and east of Dufferin Street. – I like to refer to it as “the Core.”
Although the numbers are not all in for July, it looks like another record breaking month for sales. Our mid-month totals were up 21% over last July’s mid-month and there doesn’t seem to be any slow down in sight. Other significant numbers quoted recently was the moderate average price increases over last July’s prices of only 8% which is very healthy. Average days on market – 31.
So, the numbers are telling us that we are having another hot July and it seems to be steaming into August (and that includes the weather as well!)
If you require any more specific information, or, want to discuss your own particular real estate needs, feel free to contact me directly via e-mail (Jarrett@jarrett.ca) or call me on my direct line at (416) 410-2300.