Thursday, January 7, 2010

Toronto Real Estate market finished strong in 2009

Sales of properties in Toronto in  2009 increased by 17% over 2008 and  average home prices increased by 4%.

Although the market was slow in the first quarter of 2009, sales and prices picked up in the late spring. Indicators for 2010 suggest a sustainable market will continue. 

1 comments:

stuart said...

Its great to see such positive news. Within the Calgary real estate market then numbers are also positive. House sales increase by 66.7% and price increase by 6.7%. If this trend continues throughout realty in Canada we might be seeing the start of the economic rebound; at least in the housing markets.