MARKET REPORT FOR NOVEMBER 2020.
NOVEMBER GTA HOUSING MARKET ACTIVITY IS DRIVEN BY CONSUMERS SEEKING MORE SPACE.
GTA real estate remained remarkably strong in November with 8,766 sales – an increase of 24.3 per cent year over year – and a 13.3 per cent increase in the average selling price – the highest rate of price appreciation for the month since November 2016.
UNITS SOLD
Detached homes, once again, lead the market in sales and saw an increase in average price of 15.2 per cent over November 2019.