Toronto home sales surge

Toronto’s real estate market reported a massive surge in listing and sales activity in March, as more consumers rushed to purchase homes before interest rates take an expected hike in the next few months.

“Toronto has certainly helped to turbocharge the first-quarter numbers for Ontario,” said Canadian Real Estate Association chief economist Gregory Klump.

“The market is extremely hot."

Source: Yourhome.ca
April 15, 2010
Emily Mathieu, Business Reporter

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