Hello Everyone,

I am pleased to share with you the amazing Market Watch May 2011 video presented by Jason Mercer from Toronto Real Estate Board.   Statistics shows that the average price of a home in GTA sold in May 2011  is 485,520 which is 9% higher than in May 2010.  Low inventory and huge demand from the buyers side greatly affects the price increase on the market. To sum it up,  the real estate market in Toronto is still very strong and there are no signs of its weakening.