Real Estate Market Update Toronto GTA December 2015

1. December 2015
Dear Friends,
As we enter the Holiday Season, all is well on the real estate front. November’s record
7,385 sales through the first eleven months of 2015 brought the year to date total to
96,401, a new calendar year record for home sales, eclipsing the previous record set in
2007.
Demand for ownership fuelled by low interest rates, job opportunities and immigration,
(foreign and domestic) and a limited supply of homes for sale and rent has put upward
pressure on home prices. The average price of a home sold on the Toronto Real Estate
Board has increased about 10% since January 2015.
It’s been a hectic year for me. Lack of inventory, multiple offers, and homes selling
overnight have taken a toll on my clients…..and me as well! As you know, I am
committed to my clients and always do my best for them. These high pressure times are
not pleasant for any of us. However, as the famous saying goes…. “Keep Calm and
Carry On! “,
So, I have kept my head, my sense of humour, helped my clients keep the right
perspective, and assisted them in buying the homes of their dreams….. and had a great
year!
Thank you all for your many referrals and your help in making 2015 a great year. I could
not have done it without you!
All the best in the Holiday Season, Peace, Health and Happiness throughout 2016!
Your friend in Real Estate.
Suzana ( Sue ) Davies , Sales Representative Remax Realtron
suzdavies@trebnet.com 416-843-7017 www.suzanadavieshomeseek.com
PS. I am working in December, so please do not hesitate to call if you or a friend have
some Real Estate needs, I am here to help!