September Market Watch for the GTA 

 September Market Watch Is In! There is a 1.8% increase in average selling prices compared to August and a 18.3% increase compared to September 2020. In September we also saw a slight increase in residential transactions compared to the previous month. Finally, we see a 34% decrease in total new listings compared to this time last year. This is still an advantageous time for sellers, as prices continue to steadily increase. While this may appear to be bad news for buyers, interest rates remain low making it much more desirable. 

Peter M Gibson

Sales Representative

RE/MAX Realty Specialists Inc., Brokerage

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