|
TREB
Members reported a record-breaking
84,145
sales during the course of
2005, TREB President
John Meehan announced today. "Last year was the best annual
performance since statistics have been kept," the President noted.
"It is up one per cent over the 83,501 sales recorded during our
previous record year, which was 2004."
During
December alone,
4,255
sales were transacted through the TorontoMLS system, the
second best showing ever for that month, and up from the 4,232
recorded during December 2004.
On the
pricing front, the average rose a healthy but not excessive six per
cent in 2005, to $335,907 from 2004's figure of $315,321. For
December the average was
$327,216,
up four per cent over December 2004.
Breaking down the total, 1,661 sales were reported in TREB’s 28 West
districts and averaged $304,348; 776 sales were reported in the 14
Central districts and averaged $407,473; 806 sales were reported in
the 23 North districts and averaged $365,210; and 1,012 sales were
reported in TREB’s 21 East districts and averaged $272,949.
NEIGHBOURHOOD CORNER
City of Toronto
In
2005, the City of Toronto (E-1 to E-11, W-1 to W-10, and C-1 to
C-15)saw 34,366 single-family dwelling sales, up one per cent over
the 33,963 sales transacted in 2004, and the best annual performance
for the city ever recorded. The average price of these sales was
$361,055, a 10 per cent increase over the previous figure of
$326,514. |