Home sales continue to slide down

Home sales continue to slide and prices soften, especially in the 416 region, according to the Toronto Real Estate Board, which recorded a 16 per cent decline in sales compared with November, 2011.

Condos took the biggest hit with resale transactions down 25.5 per cent across the GTA and prices down an average of 2.3 per cent. The biggest declines in condo prices were in the City of Toronto, where they were down almost 4 per cent year over year.

Irfan Ahmad

Irfan Ahmad

Real Estate Broker
CENTURY 21 Percy Fulton Ltd., Brokerage*
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