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In the month of March, 7765 transactions were reported by GTA REALTORS® through the TorontoMLS system.

The average selling price was up by almost four percent from March 2012 – at $519879.

The Toronto Real Estate Board’s Senior Manager of Market Analysis, Jason Mercer, predicts that the average price forecast for the year is $515 000.

Source: Toronto Real Estate Board 

So, what do you think ?