Toronto Real Estate Board TREB has reported another strong fourth quarter in 2014 with 8.3% higher sales than last year. The Board says the average selling price for a condo apartment through the Toronto Multiple Listing Service was $367,199, up 3.8 per cent in the fourth quarter of 2013.

“Demand for condominium apartments remained strong in the fourth quarter of 2014.  While the supply of condominium apartments listed for sale grew in the fourth quarter, including a large number of newly completed units, the number of sales grew at a faster pace.  Competition between buyers increased in the condo market over the past year,” said Mr. Etherington.

The breakdown is as follows: Fourth Quarter 2014

  •  Halton Region sold 138 compared to 140 in 2013
  • Peel Region sold 676 compared to 657 in 2013
  • City of Toronto sold 3,564 compared to 3,229 in 2013
  • York Region sold 488 compared to 449
  • Durham Region sold 98 compared to 111 in year 2013

 

1 COMMENT

  1. Hi Susan, there are not all that many houses on Chalk Lake, I’m araifd I have no idea of numbers but it isn’t a very long road and other than Chalk Lake Road I think there are only a handful of other properties that are on the lake. Houses come up once in awhile and most are in the $700,000 and up range if you want one right on the lake. Those on the other side of Chalk Lake Road are a bit less expensive and most have access to the beach lot for swimming and boating. If you purchase there, make sure that you have access to the lake because not every property in that area does, only the ones that belong to their association. I do know someone who may be selling in future and will email you privately if you are interested.

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