How Toronto home prices might look in 2012
It’s early days yet, in what we real estate agents like to call “the spring market.” Still, a few weeks of January sales can give us a starting point for the year.
The chart above projects what a “typical” year of home sales might look like, based on historical patterns. Seasonal activity usually produces a higher number of sales in the spring and fall months. As it happens, the highest average prices usually occur at the same times, when the greatest number of homes are available.
As we go on through 2012, we’ll update our chart with actual monthly sale prices, and you’ll be able to compare these with the “projected” values.
If you’re interested in what prices are like where you live, we can provide some information that specifically reflects your kind of home, and your neighbourhood. Call us at 416-483-8000, or send us a message here.
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