Wednesday, May 11, 2005

This is the latest report from the Toronto Real Estate board for the sales in May of 2005

This is the latest report from the Toronto Real Estate board for the sales in May of 2005
All the best!
Mark

TORONTO - Thursday, May 5, 2005.
With 8,834 sales recorded
through the TorontoMLS
system, April 2005 put in the
second best performance for that month
ever recorded, TREB President Ron
Abraham announced today. “April sales
were up 12 per cent over the 7,904
recorded in March,” Mr. Abraham said.
“Though down a little from the record
pace of April 2004 (9,168 sales), the
8,834 figure still indicates a hot, hot
market. In fact, had there been as many
sales days this year as in April 2004, we
might have set a new record.”
Overall, prices resumed their upward
trend in April, rising to 342,032, a three
per cent increase over March and six per
cent above the $321,131 recorded
during April of 2004.
Breaking down the total, 3,330
sales were reported in TREB’s 28 West
districts and averaged $316,446;
1,536 sales were reported in the 14
Central districts and averaged
$455,153; 1,775 sales were reported
in the 23 North districts and averaged
$380,778; and 2,193 sales were
reported in TREB’s 21 East districts
and averaged $270,293.

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