1 Jun 2011

Home sales declined in Toronto the first two weeks of May

Full May home sales data hasn’t been released yet, but housing officials in Toronto hope it finished stronger than it started, as the Toronto Real Estate Board reported mid-month that home sales dipped.

Issued on May 18, the TREB report indicated there were 4,774 sales through the first two weeks of May, representing a 2 percent decline in home sales when compared to May 2010.

Bill Johnston, president of the TREB, was generally pleased with the report, but said that the slowing sales rate may have been impacted by the jump in the average cost of a GTA home – rising 8 percent compared to the same first two weeks of May in 2010.

Jason Mercer, TREB’s senior manager of market analysis, said the rise in prices is due to “increased competition between buyers for available listings.”

TREB says the average Toronto home sells for $486,223.

One thing that hasn’t increased is the cost of Toronto storage. Jiffy Self Storage has many available units in an array of sizes for reasonable rates. 

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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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