The Toronto Real Estate Board released the mid December 2009 statistics for the Greater Toronto Area. The number of sales to date was 3,079 in the first half of the month compared to 1,487 in mid-December of 2008. The average price for the GTA was $360,652 mid-December of last year compared to $423,103 this year.
In the Central District of Toronto, the average price was $460,828 compared to $382,759 last year. The number of sales to date was 1,343 compared to 619 in mid-December of 2008. The year-to-date total sales are up 16% compared to last year with the average price up 17%.
Source: Toronto Real Estate Board
