GTA REALTORS® Report Mid-Month Resale Housing Market Figures
TORONTO, November 18, 2009 – In the first two weeks of November, Greater Toronto REALTORS® reported 3,666 sales – up 84 per cent compared to the first two weeks of November 2008. The average price for these transactions was up 10 per cent year-overyear to $415,066.
Increased interest in ownership housing has been widespread throughout the GTA and across all housing types,” said Toronto Real Estate Board President Tom Lebour. “However, it is important to point out that we are now making comparisons to the fall of 2008 when we experienced a marked decline in sales and average price”
Year-to-date sales, at 78,233 are up 11 per cent compared to 2008. Average price, at $393,180, is up by three per cent.
“Sales and average price in the GTA this winter will be well above levels reported throughout the fourth quarter of 2008 and the first quarter of 2009,” 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.
cforms contact form by delicious:days
Related posts:
- Toronto Real Estate Board Market Update: October 2009
- Toronto Real Estate Board Market Update: GTA REALTORS® REPORT DECEMBER RESALE HOUSING MARKET FIGURES
- Toronto Real Estate Board Market Update March 2010: Greater Toronto REALTORS® report March Resale Market Figures
- Toronto Real Estate Board Market Update Mid May 2010
- Toronto Real Estate Board Update: February 2010, GTA REALTORS® REPORT MID-FEBRUARY RESALE HOUSING MARKET FIGURES
Related posts brought to you by Yet Another Related Posts Plugin.
