Home Sales

With less than four weeks remaining for this year, 2007 has already became the new record for sales in the Greater Toronto Area. The previous record was set in 2005 with over 84000 sales, this year, over 85000 sales with time still remaining this year. November sales are also up five percent compared the same time span last year. The economic numbers in Ontario remain positive, and thus a strong housing market continues in Mississauga, Oakville, Milton, Toronto and the GTA. Statistics Canada reports that the unemployment rate fell by 0.1% to 5.8% in October 2007, the lowest rate for 33 years. Employment increased by 63,000 jobs during the month. Mortgage rates remain historically low and sustained immigration is anticipated to continue.

Thinking of Selling in Mississauga, Toronto, Oakville or Milton –
Call Leif Kalaas today