June Resale Market Continues to be Steady

The retail housing market continued at a healthy pace through June with the average price of a GTA home up four percent from last year to around $398,000.

In the Mississauga, Oakville, Brampton and other 905 Regions, the average home price is around $371,000 also up four per cent from year ago. Price gains show that real estate continues to be a good investment.

Although the pace of homes sold has slow down since last year (a particularly strong real estate year), comparing this year to the same time two years ago, sales activity has increased.

With strong employment in Canada and interest rates holding steady, it’s a great time to take advantage of the summer real estate market.

Planning to make a move? Call Leif Kalaas Your Right at Home Realty Realtor