Tuesday, September 30, 2008

August Toronto Real Estate Statistics


He are the results from August 2008 for real estate sales in all the Greater Toronto Area...

Looking back, we can see that the Toronto market reached a peak in October 2007, weakness in the winter followed by a spring rally that brought Toronto prices back to near their historics levels. And most recently 5-months of price declines places the Toronto market about 8% below the October 2007 peak.