Toronto Realtors reported increased MLS sales for the first two weeks of March.

As usual the Spring  Real Estate Market showed signs of climbing with Toronto sales in the amount of 4,353 representing a 70 per cent increase from the same time last year.

The buying points for Toronto home buyers are confidence in the current Market and mortgage rates that help the current homes for sale affordable.

The average Toronto resale price was $440,153 for the March mid-month sales.

Again, new MLS listings were up 34 per cent to 8,540 making the Real Estate Market in Toronto more balanced for buyers and sellers and more choice.

According to the Toronto Real Estate Board these double digit home prices should stop later in 2010.