TheStar.com - Athome - May hotter than ever for resales

TheStar.com - Athome - May hotter than ever for resales: "Greater Toronto's hot, hot, hot resale housing market hit a new high in the first 15 days of May, registering the biggest mid-month sales total ever with 5,003 transactions reported, an 11 per cent increase over the same period last year.

'All signs point to a very healthy market for the remainder of the spring,' said Dorothy Mason, president of the Toronto Real Estate Board, which released the figures this past week. 'In terms of activity, this year is about 6 per cent ahead of last year's pace.'

This means right now is a good time for anyone diving into the housing market for the first time or wanting to move up the property ladder, Mason said.

'There's a lot of confidence in this market,' she added."