The Toronto/GTA Real Estate Market posted it's first year over year gain since 2007 as May 2009 put in a strong performance. Prices are down, but only very very slightly.
Actually, the market started to show signs of life in February and has been gaining momentum since. The summer should carry it's usual slow down, July and August are normally very slow. However, if the market continues its momentum in the Fall, then I think we have a real recovery on our hands.
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