Real Estate Market Toronto
The real estate market in Toronto is still going already strong. The huge influx of quality immigrants coupled with the strong faith of the foreign investors is really helping the Canadian real estate market. As per the latest stats, Toronto real estate market is going at the rate of over 7% over the year which is by far one of the best markets not only in Canada but also in North America. The average selling price was $523,036 across the GTA, compared to $497,130 in 2012. Neighboring municipalities such as Vaughan, Markham, Mississauga, Brampton, Milton, Ajax, and Kitchener Waterloo area has also seen unprecedented growth in the recent years. Investors consider real estate market in Canada as one of the hottest investment trend and therefore a lot of money is being poured into this market. Some investors are even reporting as much as 20% growth over the year which is really healthy sign that the market is booming. Immigration is one of the biggest factors to drive this growth. Immigrants from countries such as China, India, Middle East, Mexico etc. are pouring in a lot of money from back home into the Canadian real estate market. Considering the overall trends now is the best time to buy property in the GTA. Contact us if you’re looking to invest or buy a home for yourself. We promise to help you secure the best property with the maximum return on investment.
