Total Sales in 2011 - 89,347 – up four per cent in comparison to 2010
Average Sale Price 2011 - $465,412, an increase of eight per cent in comparison to the average of $431,276 in 2010.
“TREB’s baseline forecast for 2012 is for an average price of $485,000, representing a more moderate four per cent annual rate of price growth. This baseline view is subject to a heightened degree of risk given the uncertain global economic outlook,” Jason Mercer, TREB’s Senior Manager of Market Analysis.
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