March 2010 Toronto Real Estate News

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Uploaded by on Mar 4, 2010

Welcome to my blog, Today is March 4, 2010 MLS reported about 7,300 sales in February, representing a 77 per cent increase over February 2009. The average price for these transactions was up 19 per cent year-over-year to $431,509. Sales and average price increases represent both increased in demand for home ownership and a comparison of economic recovery this year compare to the same period of decline last year. The Bank of Canada also announced this week that rates steady until at least the end of June. We dont anticipate that the Bank of Canada will be inclined to raise rates drastically. To get your most up-to-date real estate news, please come back to visit my blog at simsonchu.blogspot.com

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