Friday, April 12, 2013

Home Prices at 3.8% Up at the End of March

Year - Over - Year Summary

                                                    2013               2012             %Chg

Sales                                            7,765              9,385           -17.3%

New Listings                             14,728            16,191             -9.0%

Active Listings                          18,384            16,920              8.7%

Average Price                        $519,879       $500,875              3.8%

Average DOM                             24                  21                  13.8%

TREB's (Toronto Real Estate Board) Average price forecast for 2013 remains at $515,000.00, representing a 3.5 per cent annual rate of growth.

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