Toronto Real Estate Board Prez says expect demand to be strong in 2012 | Toronto Real Estate Blog

Toronto Real Estate Board Prez says Expect demand to be strong in 2012

 

 

We’ve already heard from Royal LePage that housing prices across the country will rise by 2.8 per cent by the end of 2012 and now we’re hearing another big prediction for the year from our pals over at the Toronto Real Estate Board.

The title of the President of TREB’s weekly Toronto Sun column this week? Expect demand to be strong in 2012!

That’s encouraging news from Richard Silver, TREB’s illustrious head honcho, who went on to note that Toronto real estate had a solid finish in 2011 with 89,347 transactions, the second best year on record.  

He also explained that sellers’ market conditions continued as the average time that homes were available for sale was 32 days in December and that home ownership remains affordable due to low interest rates and a stable employment picture.

Good news to cap off the week from Mr. Silver. As we’ve said, bring it on 2012!

 

 

Advertisements

About Tariq Sultan
Dear Readers, I am a dedicated Toronto, Ontario based real estate professional who has been successfully meeting and exceeding the needs of his clients for past several years. I am actively involved in the insurance, financing, and mortgage industry. Real estate is not only my career – it is my passion. I strive to continuously provide my clients with exceptional service to ensure they are fully satisfied when it comes to their real estate needs. For any real estate related inquires contact me today, I will be happy to assist you. Best wishes, Tariq Sultan

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: