Home ownership continues to be a great investment and remains very important to the majority of GTA households. As we move through 2017, it’s expected the demand for ownership housing will remain strong, including demand from first-time buyers who, according to a recent Ipsos survey, could account for more than half of transactions this year. However, many of these would-be buyers will have problems finding a home that meets their needs in a market with very little inventory.
Here is our January 2017 Market Report, a quick resale housing market analysis with key stats for Toronto + the GTA ?.
> Don’t forget to check out the complete monthly Toronto + GTA Resale Housing Market Figures report released by TREB for a comprehensive breakdown of all statistics recapped in our monthly market review.