The Motria Group's Market Blog: High sales volume continues into the fall.

Monday Nov 07th, 2016


High sales volume continues into the fall. 2016 has been a record breaking year in terms of both prices and sales. Although prices may be a bit flatter in the fall, sales volume continues to clip along. We have seen some really good sales in the past few weeks in all price ranges. Some sales go into bidding and others do not. The new mortgage rules appear to have a limited impact on the Toronto real estate market. The rules apply to a small percentage of the population. Toronto remains cash rich and I believe that this will continue to drive the market.

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