The Toronto Real Estate Board released the mid September 2009 statistics for the Greater Toronto Area. The number of sales to date was 3,361 in the first half of the month compared to 2,726 in mid-September of 2008, representing a 273% increase. The average price for the GTA was $366,158 mid-September of last year compared to $393,818 this year.
In the Central District of Toronto, the average price was $415,126 compared to $386,524 last year. The number of sales to date was 1,280 compared to 998 in mid-September of 2008. The year-to-date total sales are up slightly (3%) compared to last year with the average price is up 1%.
