GTA Resale Housing Market Posts Best June on Record TORONTO, July 6, 2009 10,955 sales, up 27 per cent from June 2008. The seasonally adjusted annual rate of sales in June was 100,700.1 "The record result in June is testament to the fundamentally sound housing market in the GTA," said the Toronto Real Estate Board's newly appointed President Tom Lebour. "An increasing number of households have been confident in purchasing a home in the region's affordable and diverse resale housing market." The average price for June transactions was $403,972 - up by two per cent compared to the same month last year. "The re-emergence of seller's market conditions has exerted upward pressure on home prices," explained Jason Mercer, TREB's Senior Manager of Market Analysis. "Look for sales to remain high relative to listings in the second half of the year. This will keep home prices growing." June 2009 Sales Average Price
2009 City of Toronto ("416") 4,362 $441,703 2008 City of Toronto (416) 3,481 $433,082 2009 Rest of GTA ("905") 6,593 $379,008 2008 Rest of GTA ("905") 5,119 $370,559 2009 GTA 10,955 $403,972 2008 GTA 8,600 $395,866 ********************************************************************************** I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas. Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.
SELLERS IN TORONTO NEIGHBOURHOODSDiane Plant,Broker
BUYERS IN TORONTO NEIGHBOURHOODS
Forest Hill Real Estate, Brokerage
(416) 488-2875
Website
I proudly server buyers and sellers in the Greater Toronto neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
Comments(0)