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John Smith (not his real name) and his wife had not listed their condo when they starting looking for a single-family home. They knew house prices were on the rise and the trend was likely to continue.
They had their hearts set on a particular Toronto neighbourhood. When they found a place they loved, “We threw caution to the wind and bought that house,” he says.
With a federal election campaign underway, the Toronto Real Estate Board (TREB) recently helped to shine the spotlight on housing issues by bringing together federal political party representatives for a housing forum.
Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported a record number of transactions for the month of September through TREB’s MLS® System. There was a combined 8,200 home sales reported for September 2015. This result was up 2.5 per cent compared to September 2014.