The GTA housing market remains strong for July

Check out the latest GTA market watch report for July- home sales remain strong despite a slight increase in mortgage lending rates.

“Last month’s sales represented the best July result since 2009 and was the third best July result on record. Despite recent increases in average borrowing costs, home buyers are still finding affordable home ownership options in the GTA,” said Toronto Real Estate Board President Dianne Usher (Source: Toronto Real Estate Board).

To watch the market watch report video go to:

http://www.youtube.com/watch?v=g0XcQKfkWVY&feature=player_embedded

 

For more information about how the market affects your home or your next purchase contact Lynne, Melanie, or Simon Tham at 905-278-8866.