The Toronto Real Estate Board announced at this time of writing the average selling price for a home sold in 2102 was up by almost 7% from 2011. Price growth was the highest for singles, semis and townhomes despite a dip in sales during the second half of 2012. Market conditions remain tight for these types of homes with substantial competition between buyers. I will expect similiar strong demand in 2013 for these types of homes.
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