Our quick takes from August report:-
• no. of resales increased by 21%, compared to last Aug;
• average home sale price for Aug, was $503,094, +5% from Aug 2012;
• sales of detached homes in 416 and 905 areas; and 416 areas condos was at a rate higher or equal to overall sale increase rate;
• active listings dropped slightly.
For further reading:
- detailed report on TREB website;
- Ming Pao Property Goldpage cover story where I was interviewed.