house price: Toronto real estate market watch. August 2010 - 09/22/10 06:41 PM
Greater Toronto REALTORS® reported 6,232 sales through the Multiple Listing Service® (MLS®) in August 2010. This represented a 22 per cent decrease compared to the 8,035 sales recorded during the same period in 2009. New listings decreased by one per cent year-over-year to 10,488.The average price for August transactions was $411,012 - up six per cent compared to the average of $387,921 reported in August 2009. Market conditions have remained tight enough to support higher home prices in comparison to last year.
In August, the median price was $358,000, from the $338,000 recorded during August of 2009. August marked the first … (2 comments)