The number of luxury home sales in the metro region has increased significantly in the first 10 months of the year, with rates among the highest in the country.
The data from REMAX showed that from January to September 30th, the number of homes sold at $800-thousand or more numbered 75 – a 21 per cent increase over the same time period last year.
Only Burlington, Ontario, saw a higher number of luxury homes sold.
The real estate firm points to economic opportunities in energy, including oil and gas, for the increase in sales.
