
The Toronto Real Estate Board released the mid February 2009 statistics for the GTA. The number of sales to date was 2,044 compared to 2,775 in mid-February of 2008. The average price for the GTA was $385,735 in mid-February of last year compared to $364,748 this year.
In the Central District of Toronto, the average price was $400,467 compared to $434,914 last year. The number of sales to date was 816 compared to 1,066 in mid-February of 2008.
Source: TREB Market Watch