October 2014 Market Report: Lots of Action in All Price Ranges

TREB's Paul Etherington announced that Greater Toronto Area REALTORS® reported 8,552 sales through the TorontoMLS system in October 2014. This result represented an increase of 7.7 per cent compared to October 2013. New listings were also up on a year-over-year basis, but by a lesser 3.4 per cent.

The Town Square by Neil Howard
The Town Square by Neil Howard

The real estate market has been active this Fall once again, despite the cool and wet weather. Lots of action in all price ranges. I wouldn't characterize it all as a "slam dunk" for sellers by any means. Prices have continued to climb, so buyers are looking for something they can stay in for the long haul, and are looking for both the perfect fit and the best buy.

As a result, marketing and staging properties is even more important, which is the JKT's strength. A lot of our clients are preparing now to sell in 2015. If you, or someone you know, are planning to sell, please contact us now so we can help maximize the value.

JK info oct 14 01


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