North Toronto and Davisville Village Real Estate in 2017
Adam Saunders, Davisville Real Estate, Davisville Village, Toronto Real Estate Agent, MLS zones, c10, Maurice Cody School
 

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Real Estate in North Toronto and Davisville

When you are thinking of Selling or Buying in Toronto, Adam Saunders can help. Give Adam a call at 416-575-6900 in order to obtain confidential consultation. Adam will work in partnership with you to ensure you get the best support possible, whether buying, selling or leasing, or looking for an investment property. Sellers may contact Adam for a confidential Valuation of their property. Adam's knowledge of Toronto and the numerous communities within our vibrant city is extensive, having lived and worked in the city all of his life.

His role in the process of selling or buying is to ensure the transactions are as smooth and as stress free as possible. Adam will provide capable guidance and insight to your benefit. Adam can recommend lawyers, home inspectors, mortgage brokers, insurance brokers, movers, home staging and more, as your needs dictate. Adam takes your satisfaction personally and looks forward to being of service to you. He will thank you for that opportunity.



Call Adam for a Home Valuation at 416-575-6900
email at adam@adamsaunders.biz


North Toronto (Sherwood and Broadway)
2016 Sales January - December.


Davisville Village
2016 Sales January - December.

Record Sales in 2016

TORONTO, ONTARIO, January 5, 2017 – Toronto Real Estate Board President Larry Cerqua announced that 2016 was a second consecutive record year for home sales. Greater Toronto Area REALTORS reported 113,133 home sales through TREB’s MLS System – up by 11.8 per cent compared to 2015. The calendar year 2016 result included 5,338 sales in December – an annual increase of 8.6 per cent.

The strongest annual rate of sales growth in 2016 was experienced for condominium apartments followed by detached homes.

“A relatively strong regional economy, low unemployment and very low borrowing costs kept the demand for ownership housing strong in the GTA, as the region’s population continued to grow in 2016,” said Mr. Cerqua.

The annual rate of growth for the MLS Home Price Index (HPI) in the TREB market area accelerated throughout 2016 – from 10.7 per cent in January 2016 to 21 per cent in December 2016. The overall average selling price for calendar year 2016 was $729,922 – up 17.3 per cent compared to 2015. The pace of the annual rate of growth for the average selling price also picked up throughout the year, including a climb of 20 per cent in December.

“Price growth accelerated throughout 2016 as the supply of listings remained very constrained. Active listings at the end of December were at their lowest point in a decade-and-a-half. Total new listings for 2016 were down by almost four per cent. In 2016, we saw policy changes and policy debates pointed at the demand side of the market. If we want to see a sustained moderation in the pace of price growth, what we really need is more policy focus on issues impacting the lack of homes available for sale,” said Jason Mercer, TREB’s Director of Market Analysis.



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