The Toronto Real Estate Board (TREB) has released the housing figures for January, and with 4,009 sales across the region, volume was up 0.6% from the same time last year. The average sales price of all transactions rose to $748,328, representing a year-over-year gain of 1.7%. Given the extreme weather conditions experienced across the region, these trends are encouraging, and they align with TREB’s 2019 forecast for an increase in sales volume.
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