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The new
year got off to a good start with
4,587
sales in January, up 10 per cent over the 4,153 figure recorded in
January 2005, TREB President John Meehan announced today. "Last month's
result was the second best January ever recorded, and an eight per cent
increase over the 4,255 sales recorded in December," Mr. Meehan said.
"This certainly bodes well for the resale market going forward into the
new year."
On the
pricing front, the GTA-wide average came in at
$332,687,
up three per cent over the $323,141 recorded during the previous
January. The median reached $288,200, up four per cent over the same
time last year.
Breaking
down the total, 1,796 sales were reported in TREB’s 28 West districts
and averaged $315,108; 773 sales were reported in the 14 Central
districts and averaged $424,503; 910 sales were reported in the 23 North
districts and averaged $370,237; and 1,108 sales were reported in TREB's
21 East districts and averaged $266,285.
NEIGHBOURHOOD CORNER
Mississauga
Mississauga
(MLS districts W12 to W20) had 608 sales in January, upseven per cent
over the figure recorded in January of 2005. These sales averaged
$305,464, a two per cent increase over last January. Breaking down the
total, there were 201 sales of detached homes, which averaged $448,889;
there were 171 sales of condominium apartments, and the average for
these was $193,481. |
