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News

Real Estate Market Watch – July 2020

By

Rod Limoochi

Posted in Market Updates On Aug 10, 2020

“Competition between buyers continued to increase in many segments of the GTA ownership housing market in July, which fueled a further acceleration in year-over-year price growth in July compared to June. On top of this, we also experienced stronger sales growth in the more-expensive detached market segment, which helps explain why annual growth in the overall average selling price was stronger than growth for the MLS® HPI Composite benchmark,” said Jason Mercer, TRREB’s Chief Market Analyst.

 

Market Watch July2020

 

Market Watch infographic July2020

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