Statistics Report for April 2008

The Toronto Real Estate Board reported that the number of sales recorded for April 2008 was less than April 2007, but still the number of sales rose from month-to-month, in line with the normal spring market patterns.Prices rose across the GTA on average by 5.2% on a year-over-year basis, and 4.8% from just a month earlier. Better properties come to market this time of year and there is a generally high level of activity.The number of sales is down from the record-breaking volume of a year ago, but still at a very healthy level.