19.3 C

GTA Real Estate Market on Fire November 2020 Report

Adam Ainsworth
Adam Ainsworthhttps://www.buymeacoffee.com/DonValleyTimes
I’m a freelance writer exploring motivation, traditional wisdom, peak personal effectiveness, and community building. Subscribe to my newsletter for updates and new articles using the link below.

The GTA real estate market is on fire with no sign of seasonal lull. The average sales price was $1 Million, a 14.37% increase for November last year.

Year to date, the average sales price was $955K, an 11.88% increase from the same month last year.

Sold properties are also up over the same period last year by +32.71%.

Since a lot of people can work from home they want more space and no longer need to be close to the office. The desire for a healthier environment is also likely behind the trend.

As we reported last month, and it continued in November more properties sold, at a faster pace, at a higher price.

GTA Real Estate Market Report – November 2020

GTA Real Estate Market Report November 2020

If you’d like more information on the Toronto real estate market feel free to contact me for a free no-obligation consultation.

Adam Ainsworth

Latest article