• Skip to secondary menu
  • Skip to content
  • Skip to primary sidebar
  • Skip to footer

Central Toronto Real Estate - Max Seal Blog

Central Toronto Real Estate, Toronto Real Estate, Toronto Homes For Sale, Search toronto homes for sale, Max Seal, Broker, iPro Realty Ltd

  • Central Toronto Real Estate – Max Seal Blog
  • Home
    • About
  • Toronto Home Evaluation
  • Central Toronto Real Estate Blog
  • Contact Max
  • Search Toronto MLS
  • Toronto Real Estate Posts
  • FSBO Expired Listing Seller Free CMA
  • Seller
  • Buyer
  • Privacy Policy

Toronto-area home prices surge over 20 per cent in November, 2016

December 7, 2016 by Central Toronto Real Estate Blog

Image 22 Banks voice concerns over housing - Screenshot

 

The Toronto-area real estate market continued to see strong sales volumes and higher prices in November, 2016.

The Toronto Real Estate Board says there were 8,547 sales through its system last month, up 16.5 per cent from November 2015, 2016.

The average selling price for all types of housing was $776,684, up 22.7 per cent over the same period last year, while TREB’s home price index was up 20.3 per cent.

Prices in the 416 field code, which includes the City of Toronto, were generally higher than in the 905 field code for surrounding fields served by GTA realtors.

 

 

The average price for full-detached house in the 416 field was nearly $1.35 million, up 32.3 per cent from the same period last year while the comparable type of house in the 905 field had an average price of $957,517 — up 25.5 per cent.

TREB tells a chronic shortage of property indices has participated in higher prices and frustrated some would-be buyers.

 

 

The strength in Toronto came as sales in Vancouver told a different story.

Home sales in the Vancouver region totalled 2,214 in November, down 0.9 per cent 2,233 sales recorded in October and 37.2 per cent lower than November 2015 when 3,524 homes sold.

The Real Estate Board of Greater Vancouver told sales in November were 7.6 per cent below the 10-year sales average for the month.

“While 2016 has been anything but a normal year for the Metro Vancouver housing market, availability and demand totals have returned to more historically normal levels over the last few months,” Vancouver board president Dan Morrison said.

Source: The Canadian Press

 

Please follow and like us:
RSS
Follow by Email
Facebook
fb-share-icon
Twitter
Tweet
Pinterest
Pinterest
fb-share-icon
LinkedIn
Share
Totonto Market Evaluation Online

Easy Related Posts

Central Toronto Real Estate TRREB Released July, 2023 Resale Market Figures

Central Toronto Real Estate TRREB Released July, 2023 Resale Market Figures

  Central Toronto Real Estate TRREB Released July, 2023 Resale Market Figures Grеаtеr Toronto Arеа (GTA) hоmе ...read more

Central Toronto Real Estate TRREB Released April, 2023 Resale Market Figures

Central Toronto Real Estate TRREB Released April, 2023 Resale Market Figures

  Central Toronto Real Estate TRREB Released April, 2023 Resale Market Figures   The Grеаtеr Tоrоntо Area (GTA) ...read more

Central Toronto Real Estate TRREB Released February, 2023 Resale Market Figures

Central Toronto Real Estate TRREB Released February, 2023 Resale Market Figures

  Central Toronto Real Estate TRREB Released February, 2023 Resale Market Figures   Fеbruаrу, 2023 ѕаlеѕ іn the ...read more

Central Toronto Real Estate TRREB Released January, 2023 Resale Market Figures

Central Toronto Real Estate TRREB Released January, 2023 Resale Market Figures

  Central Toronto Real Estate TRREB Released January, 2023 Resale Market Figures As wе moved frоm 2022 ...read more

Central Toronto Real Estate TRREB Released December, 2022 Resale Market Figures

Central Toronto Real Estate TRREB Released December, 2022 Resale Market Figures

  Central Toronto Real Estate TRREB Released December, 2022 Resale Market Figures   The Grеаtеr Tоrоntо Area (GTA) ...read more

Central Toronto Real Estate TRREB Released November, 2022 Resale Market Figures

Central Toronto Real Estate TRREB Released November, 2022 Resale Market Figures

  Central Toronto Real Estate TRREB Released November, 2022 Resale Market Figures Homeownership market activity in November, ...read more

Central Toronto Real Estate TRREB Released October, 2022 Resale Market Figures

Central Toronto Real Estate TRREB Released October, 2022 Resale Market Figures

  Central Toronto Real Estate TRREB Released October, 2022 Resale Market Figures   Dеѕріtе thе соntіnuеd hоuѕіng mаrkеt ...read more

Central Toronto Real Estate TRREB Released September, 2022 Resale Market Figures

Central Toronto Real Estate TRREB Released September, 2022 Resale Market Figures

  Central Toronto Real Estate TRREB Released September, 2022 Resale Market Figures   The Grеаtеr Tоrоntо Area (GTA) ...read more

Central Toronto Real Estate TRREB Released August, 2022 Resale Market Figures

Central Toronto Real Estate TRREB Released August, 2022 Resale Market Figures

  Central Toronto Real Estate TRREB Released August, 2022 Resale Market Figures   There were 5,627 hоmе ѕаlеѕ ...read more

Filed Under: Toronto Buyer Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, Home Price Index, toronto buyer, toronto real estate, toronto seller

Primary Sidebar

Central Toronto Real Estate – Max Seal Blog

Max Seal, Broker,
Call 647-294-1177
Email: email to Max

iPro Realty Ltd. Brokerage
1396 Don Mills Rd, #101, Bldg E, Toronto, Ontario, M3B 3N1

Totonto Market Evaluation Online

TORONTO HOME EVALUATION ONLINE

Font Resizer

  • A A A

Call, text, email Max 647-294-1177

Call Max Seal at 647-294-1177 if you are thinking to sell your upscale or average home in Central Toronto communities like Bedford Park, York Mills, Lawrence Park, Forest Hill, Davisville, Summerhill, Yorkville, Annex, Rosedale,  Leaside and Don Mills.  Please click the link for a FREE Home Evaluation. No obligation.

Search Blog Posts

Recent Posts

  • Happy New Year 2025
  • Central Toronto Real Estate TRREB Released July, 2023 Resale Market Figures
  • Central Toronto Real Estate TRREB Released April, 2023 Resale Market Figures
  • Central Toronto Real Estate TRREB Released March, 2023 Resale Market Figures
  • Central Toronto Real Estate TRREB Released February, 2023 Resale Market Figures

Recent Comments

  • Central Toronto Real Estate Blog on 7 Great Hamstring Stretches
  • lee on 7 Great Hamstring Stretches
  • Enrique Pasion on Stop Worrying Using This Simple Brain Hack
  • Joefine on Easy Weight Loss Workouts for Beginners in Toronto
  • Rumiel Daymiel on Easy Weight Loss Workouts for Beginners in Toronto

Pages

  • Central Toronto Real Estate – Max Seal Blog
  • Home
    • About
  • Toronto Home Evaluation
  • Contact Max
  • Central Toronto Real Estate Blog
  • Search Toronto MLS
  • Toronto Real Estate Posts
  • FSBO Expired Listing Seller Free CMA
  • Seller
  • Buyer
  • Privacy Policy
Totonto Market Evaluation Online

TORONTO HOME EVALUATION ONLINE

Categories

Archives

Calendar

June 2025
S M T W T F S
1234567
891011121314
15161718192021
22232425262728
2930  
« Dec