RE/MAX published a report today showing the strength in the Canadian real estate market.
This gives lots of statistics about the rebound of the real estate sector since the spring of 2009.
I had provided this link if you want to read it for yourself.
Contact me for all your real estate needs...
Ralph Evans, Sales Representative
RE/MAX Professionals Inc., Brokerage
Etobicoke Real Estate
Thursday, September 24, 2009
Thursday, September 10, 2009
August Toronto Market Statistics
Toronto real estate remained in demand through the month of August. With 8,035 transactions occurring, the volume of sales is about 27% more than the same month a year ago.
August typically is a slower month than June and July. The modest month-to-month declines in volume and average prices is as expected. Real Estate should continue strong through the rest of the year. Prices may rise a bit further as the economy continues to strengthen. Toronto real estate prices are 6.3% higher than August of the year before and just a bit below the all time highs of early 2008. Toronto real estate has completely recovered from any economic downturn and continues to be a leading indicator of better times ahead.
Contact me for all your real estate needs...
Ralph Evans, Sales Representative
RE/MAX Professionals Inc., Brokerage
Etobicoke Real Estate
August typically is a slower month than June and July. The modest month-to-month declines in volume and average prices is as expected. Real Estate should continue strong through the rest of the year. Prices may rise a bit further as the economy continues to strengthen. Toronto real estate prices are 6.3% higher than August of the year before and just a bit below the all time highs of early 2008. Toronto real estate has completely recovered from any economic downturn and continues to be a leading indicator of better times ahead.
Contact me for all your real estate needs...
Ralph Evans, Sales Representative
RE/MAX Professionals Inc., Brokerage
Etobicoke Real Estate
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