TORONTO, July 20, 2009
TORONTO, July 20, 2009- In the first two weeks of July, Greater Toronto REALTORS®
reported 4,437 sales up 27 per cent compared to the first two weeks of July 2008. The average
price for these transactions was up four per cent year-over-year to $394,750.
"The resurgence in home ownership demand experienced in the spring has continued into the
summer. Home buyers continued to take advantage affordable market conditions in the first half
of July," said TREB President Tom Lebour. "If the mid-month results carry forward, we may see
the best July on record."