Report Mid-Month Resale Housing Market Figures
TORONTO, November 18, 2009 - In the first two weeks of November, Greater Toronto
reported 3,666 sales â 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,â said Toronto Real Estate Board.
âHowever, 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 priceâ
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.
âSales 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, TREB's Market Analysis.
For More Information:
Avi Dhaliwal
Sales Representative
RE/MAX Realty Specialists Inc.
416-882-1200
