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So far, so good for Toronto’s housing market in 2013

Posted on 17 January 2013

A fresh start to the year may be just what the softening Toronto housing market needed. Mid-month figures for January put homes sales in Canada’s biggest city up 2.5% and prices up 4% compared with the same period in January 2012, the Toronto Real Estate Board said Wednesday.
Those figures appear to buck the softening trend the Toronto housing market has seen over the past year. Just a day ago, Canadian Real Estate Association numbers showed sales in the city sank 21.8% in December from a year ago, while prices climbed 6.0%………………………………………..Full Article: Source


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