Some good news finally!!
Toronto Real Estate Board (TREB) media release yesterday shows some improvement in Toronto as well as suburbs' sales. Though encouraging, the sales levels are lower than that experienced in March 2008 and the Average price too has taken a hit, that too compared to March 2008. Nevertheless, these days, any positive sign is welcome. Toronto Stock exchange too has closed 4th straight week with gains, albeit low and Canadian dollar is floating above 0.80c.
Check out the media release here: http://www.torontorealestateboard.com/consumer_info/market_news/news2009/pdf/nr_mw0903.pdf
For those who know Toronto well and are interested in detailed report, check out this link: http://www.torontorealestateboard.com/consumer_info/market_news/mw2009/pdf/mw0903.pdf
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