The Toronto Real Estate Board has released the sales figures for November across the board. 2007 has already out sold every year previous. The previous best 2005 year saw 84,145 unit sales. By the end of the November, there have already been 88,695.
House prices are continuing to rise year over year. The average price in 2006 was $351,941. In November, the average price had rise to $375,445, more than 6%.
Does that reflect in the Durham market the same exciting news?
Year | Area | Number of Sales | Average Price |
2007 | South Pickering | 255 | $289,306 |
| Pickering | 1079 | $309,535 |
| Ajax | 1694 | $288,840 |
| Whitby | 1632 | $288,655 |
| Oshawa | 2469 | $216,629 |
2006 | South Pickering | 270 | $282,198 |
| Pickering | 1220 | $289,782 |
| Ajax | 1542 | $277,762 |
| Whitby | 1554 | $274,475 |
| Oshawa | 2323 | $205,708 |
2005 | South Pickering | 243 | $260,975 |
| Pickering | 1153 | $286,578 |
| Ajax | 1456 | $269,910 |
| Whitby | 1590 | $271,945 |
| Oshawa | 2293 | $198,824 |
Prices are up and it is not quite a banner year for the big Durham centres. But the year isn't over yet. Let's see what December brings.
Comments(0)