TORONTO REAL ESTATE BOARD'S FEBRUARY'S 2010 RELEASE OF MARKET WATCH

February Sales and Average Price Increase Annually

March 3, 2010 -- Greater Toronto REALTORS® reported 7,291 sales through the Multiple Listing Service® (MLS®) in February, representing a 77 per cent increase over February 2009. The average price for these transactions was up 19 per cent year-over-year to $431,509. Sales and average price increases represent both increased demand for ownership housing and the base year effect, which involves a comparison of economic recovery this year to a period of economic decline last year.

Click here for complete Market Watch (pdf).

Joanne Evans

Joanne Evans

Broker of Record
CENTURY 21 Millennium Inc., Brokerage*
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