2014 was an incredibly busy year in the Toronto real estate market. According to TREB, there were nearly 93,000 transactions reported last year. That's almost 6,000 more than the previous year. Competition was fierce and prices rose significantly. For all home types, the average price increased by 8.4% in 2014.
The population in the GTA continues to climb, and most new residents choose to become homeowners if it is within their means. Buyers are displaying a high level of confidence in the...