Toronto’s Home Sales Are Breaking Records

There have been 96,401 home sales so far in 2015, with 7,385 of them happening in November alone. This was a 14 per cent increase over November of last year, making it the best November on record for the Toronto Real Estate Board.

In November 2014, there were 2,641 sales in the 416 area code and 3,835 sales in the 905 area code. In November 2015, there were 2,863 home sales in the 416 area code (an 8.4% increase) and 4,522 home sales in the 905 area code (a 17.9% increase).

The following graphic is from the National Post and shows price growth for different home types:

fp1204_toronto_realestate-c-gs1

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