30 Jan Toronto home sales will fall slightly in 2018, but prices will only go up: TREB.
Original article via BuzzBuzzHome. Click here to read.
It seems unlikely that the Toronto real estate market will be able to top 2017’s record home sales this year. But, according to the city’s real estate board, home prices are only going to keep climbing in 2018.
The Toronto Real Estate Board (TREB) released its 2018 forecast today, predicting between 85,000 to 95,000 GTA home sales this year, while the average price of a home could sell for anywhere between $800,000 and $850,000.
In 2017, there were 92,394 sales, while the average selling price of a home came in at $822,681.