Cailey's Blog

My thoughts about real estate, decorating, food and much more

Some Uplifting Statistics

on 04/14/2011

I received an email from a mortgage broker yesterday that had some pretty interesting statistics. Considering the constant doubt swirling around in the Real Estate industry I thought it’d be nice to share:

  • From 1999 to the end of 2010, the average resale home value rose 110%
  • The average resale price increase was 6% between January 2011 and February 2011
  • 7 in 10 Canadians are home-owners
  • The growth in the Toronto market was ranke #1 in North America
  • GTA Home Sales in February 2011 amounted to 1/5 of the total US housing sales in the same month

If you’d like to know more about the GTA housing market, please feel free to send me an email!

Source: Canadian Business, April 2011

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