How is the Toronto Real Estate Market doing in October 2015?
The Toronto Real Estate Board (TREB) President Mark McLean announced that GTA Realtors reported 8,804 home sales through TREB's MLS System in October 2015. He stated, " This is the best result on record for the month of October". Moreover, he said, " We will see a big, new record this year for home sales reported through TREB's MLS System".
The MLS Home Price Index (HPI) Composite Benchmark was up by 10.3% year over year in October. Over the same period, the average selling price for all home types combined was up 7.3% to $630,876.