|
The
new year got off to a fast start, with
5,173
sales of existing homes in January, TREB President Dorothy Mason
announced today. "This figure is up 13 per cent over last
January, and up six per cent over the 4,869 sales recorded in
January of 2002, which was the previous record for the month."
Meanwhile, average prices climbed in January to
$353,724, up five per cent over December and up six per
cent over the $332,687 recorded in January 2006. "While one
shouldn't read too much into a single month's result," the
President said. "January's record breaking performance is an
encouraging sign for the year ahead."
Breaking down the total, 1,975 sales were reported in TREB’s 28
West districts and averaged $335,116; 878 sales were reported in
the 14 Central districts and averaged $462,211; 1,082 sales were
reported in the 23 North districts and averaged $383,806; and
1,238 sales were reported in TREB’s 21 East districts and
averaged $280,178.
NEIGHBOURHOOD CORNER
Mississauga
In
January, Mississauga (W12-W20) recorded 667 sales, a 10 per cent
increase over the 2006 total for the same month. The average
price was $335,252, up 10 per cent over the $305,464 recorded
during January of 2006. In addition, there were 219 sales of
Detached homes in the Mississauga, which averaged $478,889, a
seven per cent increase over the same time period last year
($448,889). |
