November Sales Break 6,000
November put another solid performance, with 6,281 sales
transacted through the TorontoMLS
system, Toronto Real Estate Board (TREB)
President Dorothy Mason announced
today. "This 6,000 plus figure is in
keeping with a generally healthy real
estate market," said the President. "By
the end of December, the Toronto area
market will have exceeded 80,000
resales for only the third time in TREB
history."
Prices remained stable in November,
with the average moderating slightly to
$355,727 from October's $356,423.
The average was up four per cent over the
November 2005 figure of $341,177.
Breaking down the total, 2,424 sales
were reported in TREB’s 28 West districts
and averaged $334,085; 1,223 sales
were reported in the 14 Central districts
and averaged $457,730; 1,152 sales
were reported in the 23 North districts
and averaged $391,959; and 1,482
sales were reported in TREB’s 21 East
districts and averaged $278,785.
TORONTO - Wednesday, December 6, 2006.