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Toronto Real Estate Board Members reported a solid
8,361 sales in April, TREB
President John Meehan reported today. "April's result was the
third best performance ever recorded for the month, and
year-to-date sales, at 28,020, are up five per cent over
January-to-April of 2005."
Meanwhile, prices trended upward in April, with the average
rising four per cent over March to
$366,683.
It was also up seven per cent over the $342,032 recorded in
April of 2005. "A price jump like this is good news for
home-owners. However, potential purchasers can take comfort from
the fact that, with listings up four per cent over last April
25,245), further increases should be quite limited for the
remainder of the year." Breaking down the total, 3,189 sales
were reported in TREB’s 28 West districts and averaged $340,900;
1,442 sales were reported in the 14 Central districts and
averaged $499,194; 1,701 sales were reported in the 23 North
districts and averaged $393,841; and 2,029; sales were reported
in TREB’s 21 East districts and averaged $290,262.
NEIGHBOURHOOD CORNER
Markham
So
far in 2006, TREB Members have recorded 821 sales in the Markham
area (N11), up eight per cent over the 757 sales recorded in the
first four months of 2005. Of these, 451 were of detached homes,
which averaged $482,576, a five per cent increase over 2005. In
addition, 126 sales were of Attached-Row Houses, which
transacted for an average of $306,769. |
