Mid August 2009 Toronto Sales

TORONTO, August 18, 2009 – In the first two weeks of August, Greater Toronto REALTORS® reported 3,832 sales – up 27 per cent compared to the first two weeks of August 2008. The average price for these transactions was up three per cent year-over-year to $383,796. “The results for the first half of August indicate that many households in the GTA remain confident in their ability to purchase and pay for a home over the long term,” said TREB President Tom Lebour.