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Recipient of the

"DRAR®  Award of Distinction"

Sponsored by CMHC

2012.

 

 

2011

 

 

2008, 2010,

2011, 2012

2016, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bonnie Vella
Sales Representative
bvella@royallepage.ca

Royal LePage Frank Real Estate, Brokerage
Independently owned and operated

200 Dundas Street East, Whitby, ON L1N 2H8

Phone: 905-666-1333  Toll: 1-866-273-1333

Strong Sales Continue in August throughout the GTA

September 8, 2009

TORONTO, September 2, 2009 - In August 2009, Greater Toronto REALTORS® reported 8,035 sales, up 27% per cent from August 2008. The average price for August transactions was $387,921 – up by six per cent compared to the same month last year.


"The increase in demand for existing homes has been widespread across different housing types and price ranges," said TREB President Tom Lebour. "This suggests many categories of home buyers have chosen to make a long-term investment in housing, from first-time buyers to move-up buyers or buyers who are seeking a lifestyle change."

Year-to-date sales, at 58,421 were up two per cent compared to the first eight months of 2008. Average price, at $385,978 was up by less than one-half of one per cent.
"We have heard more positive economic news lately. The improved housing market has played a key role,” explained Jason Mercer, TREB's Senior Manager of Market Analysis. "Home sales have helped other sectors of the economy through home buyers’ spending on things like financial and legal services, moving, renovations and home furnishings."


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