GTA REALTORS® report resale record in July


TORONTO, August 6, 2009

- In July 2009, Greater Toronto REALTORS® reported a record 9,967 sales, up 28 per cent from July 2008. The average price for July transactions was $395,414 – up by six per cent compared to the same month last year.

"Households confident in their positioning within the current economic environment have taken advantage of housing affordability in the GTA," said TREB President Tom Lebour. "The real estate sector has been one of the sectors making a positive contribution to economic growth in the GTA, not to mention Ontario and Canada more broadly."

Zena Recalde

Zena Recalde

Sales Representative
CENTURY 21 Leading Edge Realty Inc., Brokerage*
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