Google+ Real Estate by Fanny Lee & TheTeam :Own Homes. Grow Wealth. Pass It On.: TREB Market Watch July Highlight

Thursday, 9 August 2012

TREB Market Watch July Highlight

( click to enlarge )
Compared to July 2011, GTA home resales in July decreased by 1.5%.  905-area recorded 4,725 transactions (vs 4,720 of 2011 July) while 416-area reduced from 3,094 to 2,693 (-13%).

The average home sale price of July was $476,947 (+4% from $458,646 of last July).

Condo resales  reduced in both 416-area and 905-area.  Year to year, amounted to 10% decrease.

The growth occurred in 905-area, townhomes resales rose 24% with semi increased by 2%. 


 For the complete Market Watch report, visit TREB website.


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