4 Apr 2013

Toronto housing market dim in March

After a stagnant February, Toronto's housing sales went downward in March. According to the Toronto Star, the Toronto Real Estate Board released data that revealed sales in March were down 17 percent compared to the same time last year. Housing experts didn't predict this would be the case, especially since there was an increase in home listings throughout the city last month. The drop in sales has not affected home sale prices, however. The average price for the first quarter of 2013 was $519,879, which was up 3.2 percent compared to the first quarter of 2012. 

According to the Globe and Mail, federal Finance Minister Jim Flaherty criticized banks for cutting their mortgage rates, which could potentially cause the housing market to heat up.

Not everyone has had the financial ability to purchase a new home, and some people have had to downsize. While it is an unfortunate situation, some stress can be alleviated by renting a Toronto self storage space, which might help some consumers feel more organized. 

Jiffy offers businesses plenty of options for Toronto storage, whether one needs to store filing cabinets or office supplies. What's more, the company is currently holding a contest for a new iPad 3, which is a device that just about every business person could use to help improve productivity.

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