March 2016 Toronto Residential Real Estate Market Report

March 2016 Toronto Residential Real Estate Market Report

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March 2016 Toronto Residential Real Estate Market Report – Toronto Real Estate For Sale

Toronto Real Estate Board  reported strong results of home sales in March 2016

– 10,326 transactions reported in March 2016
– The year-over-year growth rate for sales was 16.2 per cent for March 2016
– The MLS® Home Price Index (HPI) Composite Benchmark was up by 11.6 in March 2016 compared to
March 2015
– The average selling price for all home types combined was up 12.1 per cent year-over-year in March
– The average selling price for all home types was $688,181
– Average days on the market 16

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