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Toronto Real Estate Sales Stay Strong In December
GTA Resale Market Resilient in 2009.Strong real estate sales in Toronto should be good news for Wasaga Beach and The Georgian Triangle.
Toronto MLS® transactions in 2009 showed a 17 per cent increase over 2008.
“After a slow start to the year, existing home sales rebounded during the second half of 2009,” said TREB President Tom Lebour. “As consumer confidence improved, many households moved to take advantage of affordable home ownership opportunities in the GTA. The strong residential real estate sector was a key contributor to overall economic recovery in Canada.”
[...] Wasaga Beach home sales are expected to be BUSY. There is a ripple effect of the hot market in the GTA plus the influence of the HST in July and the expected interest rate rises later in the year. [...]