Most of last month’s sales were recorded within the 905 region, where 5,430 properties exchanged hands. This resulted in a new, all-time sales record for the month of November according to TRREB. Throughout November, 9,017 home sales transacted through the MLS system, 3.3 per cent above last year. Here’s what we know about the latest from TRREB. “This speaks to the broadening of economic recovery, with first-time buyers moving back into the market in a big way this year.” “A key difference this year compared to last year, is how the condo segment continues to tighten and experience an acceleration in price growth, particularly in suburban areas,” said Jason Mercer, TRREB’s chief market analyst, in a press release.
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