7 Sep 2011

August home sales jump 24 percent

People continue to flock to Toronto, as the latest housing report from the Toronto Real Estate Board indicates home sales were swift last month.

According to the TREB, in August, more than 7,500 properties were sold in the GTA, a rise of 24 percent in year-over-year sales. Last year during the same 31-day period, just under 6,100 homes were purchased.

While sales increased, the ability to afford a home in the GTA did not, as the report indicated the average home sold for $451,663 – a price hike of 10 percent when compared to August 2010.

Richard Silver, president of the TREB, said home affordability could be aided, however, with the removal of the land transfer tax, which officials are not expected to renew when it expires later this year. Also helping lower home ownership costs, according to TREB's senior manager Jason Mercer, are affordable mortgages, as the interest rate has remained low for several months now.

Home ownership typically brings an increased need for extra storage. GTA residents can keep their expenses low there as well, as all of Jiffy Self Storage units are eminently affordable. 

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Hammad Assan joined Jiffy Self-Storage in June 2012. He has over 20 years of experience in various Customer service, Sales and Management roles and is a Certified Self-Storage Operator through the Canadian Self Storage Association. His passion for sales and customer service has maintained Jiffy Self-Storage’s position as one of the GTA’s most successful Storage Facilities, as recognized by winning the Consumer Choice Award 22 years in a row, a perfect A+ rating with the BBB with zero complaints and a 4.5/5 Star Review rating on Google. Our tenants greatly appreciate his dedication to exceptional customer service and as a result Jiffy Self-Storage has been recognized and awarded for that. Please contact Hammad about any of your storage, parking, workspace or retail unit needs.

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