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September put in another excellent performance, with
6,866 single family units changing hands through
the TorontoMLS system, Toronto Real Estate Board (TREB)
President Maureen O’Neill announced today. “This figure was up
four per cent from last year (6,622 sales), and off only six per
cent from the record 7,326 sales recorded during September of
2005.” Year-to-date sales, at 73,827, were up 12 per cent over
2006. “They are also,” the President went on to note, “up 11 per
cent over the first nine months of 2005, which turned out to be
the best year ever recorded in the history of TREB.”
Prices rebounded in September, rising five per cent over August
to $380,132. On a year-over-year basis they were up also up five
per cent, to
$371,848 from the $352,318 recorded during the first nine
months of 2006. Breaking down the total, 2,613 sales were
reported in TREB’s 28 West districts and averaged $351,328;
1,298 sales were reported in the 14 Central districts and
averaged $501,419; 1,380 sales were reported in the 23 North
districts and averaged $404,663; and 1,575 sales were reported
in TREB’s 21 East districts and averaged $306,467
NEIGHBOURHOOD CORNER
East York
To
date in 2007, there have been 1,136 sales in East York (E03), a
six per cent increase over last year. Of these, 588 were
detached homes which averaged $404,314, an 11 per cent increase
over the $363,458 recorded during the first nine months of 2006.
In addition, 252 semi-detached homes changed hands for an
average of $388,595, up ten per cent over the same time last
year. |
