The Toronto Real Estate Board released the mid October 2009 statistics for the Greater Toronto Area. The number of sales to date was 3,631 in the first half of the month compared to 2,700 in mid-October of 2008, representing a 34% increase. The average price for the GTA was $353,772 mid-October of last year compared to $414,479 this year.
In the Central District of Toronto, the average price was $455,001 compared to $375,804 last year. The number of sales to date was 1,489 compared to 1,140 in mid-October of 2008. The year-to-date total sales are up 6% compared to last year with the average price up 2%.
Source: Toronto Real Estate Board
