The Toronto Real Estate Board (TREB) reports that the first two weeks of January saw 1,469 sales through the Toronto MLS system, a 2.4% increase over the same period last year. It says this continues the trend from 2012 of low-rise strong price growth as competition between buyers remained quite strong. The average selling price is eToornto home prices strong in xpected to grow in 2013. The average cost of a home during this period was $464,228 in the city of Toronto and $457,181 in the rest of the GTA, with roughly two-thirds of sales occurring in the 905 area.
