In June 2009, Greater Toronto REALTORS® reported a record 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 TREB 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."
John Rossi
Sales Representative
RE/MAX WEST REALTY INC.
www.vaughanhomesales.com
grossi@trebnet.com
416-578-7675
 |
|
|
I am a Real Estate professional based in Vaughan, Ontario. I also have strong ties in Bolton, Richmond Hill, New Market and Toronto. If you need real estate services in these areas, give me a call.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
