The Toronto Real Estate Board released the mid May 2009 statistics for the Greater Toronto Area. The number of sales to date was 4,561 in the first half of the month compared to 4,422 in mid-May of 2008. The average price for the GTA was $400,817 mid-May of last year compared to $399,811 this year.
In the Central District of Toronto, the average price was $439,459 compared to $437,205 last year. The number of sales to date was 1,864 compared to 1,734 in mid-May of 2008.
Source: Toronto Real Estate Board
