16 May 2012

Toronto and Calgary lead the way in April home sales

A new report by the Canadian Real Estate Association shows real estate markets in Toronto and Calgary are booming, while other cities and parts of the country may be starting to cool off.

Most point to Canada's current real estate market as one of the hottest in the world, but the current boom is being driven by several high-profile cities. Overall, home sales in Canada were up 11.5 percent in April compared to a year earlier, reports Reuters. However, several cities were more responsible for this rise than others.

Toronto continues to be the most consistent city in terms of high sales, with a 14.5 percent increase in April, beating the national average. Yet it was Calgary that saw the biggest surge in growth compared to the previous year, with a 30.3 percent uptick.

Meanwhile, the real estate market has cooled off in Vancouver, which was previously enjoying rapid gains. Sales fell 13.2 percent in April, and prices were down nearly 10 percent as well.

Those moving to Toronto or any other city may want to look into self storage facilities to help them get settled. Renting a storage unit at an affordable self storage facility in Toronto can be a great way for new homeowners to store their items, rather than moving everything in on one hectic day.

Jiffy Self Storage, a leader in Toronto storage solutions, is currently running a contest on their website for a free iPad 3. Visitors to the site simply need to match a few Canadian landmarks and they'll be entered to win the iPad or one of several other prizes.

Be Sociable, Share!

Related Articles [3]

4 Tips For Fireproof Document Storage

March 3rd, 2017
We all have valuables that we would be devastated to lose in a fire. Some of them are keepsakes, some of them are worth a lot of money and some of them are important legal...

Why It's Important To Get Your Winter Tires

December 20th, 2016
As soon as temperatures drop below seven degrees Celsius, it's time to swap out your all-weather, or your summer, or whatever tires you have on your car and opt for winter...

2 Tips For Choosing The Right Packing Supplies

February 12th, 2016
Having a pre-prepared list of all of the packing supplies you will need to move your belongings into a storage unit or a new home will make the move much less stressful. For...

Leave a Comment






Essential SSL