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.
Thursday, January 7, 2010
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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.
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