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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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