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New
Year Off To Good Start
February 5, 2008 -- A strong performance within TREB's
Central districts drove the Toronto area real estate market to a
healthy 5,073 sales in January, off just two per cent from last
year's record performance, President Maureen O'Neill announced
today.
"While sales were strong, price increases remained modest, with
the average rising six per cent to $374,449," said Ms. O'Neill.
"There is clearly still a place for the first-time buyer in
today's resale market."
Breaking down the total, 1,940 sales were reported in TREB’s 28
West districts and averaged $351,594; 945 sales were reported in
the 14 Central districts and averaged $485,259; 966 sales were
reported in the 23 North districts and averaged $410,289; and
1,224 sales were reported in TREB’s 21 East districts and
averaged $296,838.
Market Watch Ja.7
2008
If you are interested in
historical information regarding TREB's Market Watch, don't
hesitate to contact Graham
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