TORONTO, October 5, 2009 – In September 2009, Greater Toronto REALTORS® reported 8,196 sales, up 28 per cent from September 2008. The average price for September transactions was $406,877 – up by 10 per cent compared to the same month last year.
“We have experienced an increasing rate of existing home price growth in the GTA as sales have continued to outpace 2008 results,” said TREB President Tom Lebour. “Consumers have remained confident in ownership housing as a long-term investment.
” Year-to-date sales, at 66,437 were up 4.5 per cent compared to the first nine months of 2008. Average price, at $388,417 was up by almost 1.5 per cent.
“Existing home sales will finish strong this year, pushing through the 80,000 mark and moving in line with some of the best years on record under the current TREB market area,” according to Jason Mercer, TREB’s Senior Manager of Market Analysis.
Source: TREB (Toronto Real Estate Board)
This site is updated Regularly, why not subscribe by Email or RSS Feed.
Related posts:
- Toronto Real Estate Board Market Update: GTA REALTORS® REPORT DECEMBER RESALE HOUSING MARKET FIGURES
- GTA REALTORS® report resale record in July
- Toronto Real Estate Board Update January 2010: GTA REALTORS® REPORT JANUARY RESALE HOUSING MARKET FIGURES
- Toronto Real Estate Board Update: February 2010, GTA REALTORS® REPORT MID-FEBRUARY RESALE HOUSING MARKET FIGURES
- Toronto Real Estate Board Update: GTA REALTORS® REPORTING JANUARY MID-MONTH HOUSING STATISTICS
Related posts brought to you by Yet Another Related Posts Plugin.
