Danny Bell
Mortgage Broker - M13001996
danny.bell@premieremortgage.ca
Tel: 888-561-2525 | Cell: 289-200-9061
At the start of 2022, The Toronto Regional Real Estate Board predicted that sales would increase 12% leaving us with an average sale price of $1,225,000.
We finished the year almost 10% below the average sale price in December 2021…what will they predict this year? (CREA has predicted a 5.9% drop across Canada)
Is it a big deal that the average selling price in the GTA dropped by 10% Year over Year?
Did anyone mention the average price of $1,051,216 in December 2022 was 12% higher than the average price in December 2020?
How about the fact that the average price in December 2021 was 24% higher than December 2020?
It’s all about perspective…remember that the headlines rarely tell the whole story.
Whether you are first-time buyer or an experienced buyer with excellent credit, The Mortgage Centre has access to the very best products and rates available across Canada. Give us a call… we think you’ll be pleasantly surprised!
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