Wednesday, December 06, 2006

December Toronto Real Estate Market Report - November 2006 breaks 6,000 Sales

Toronto Real Estate Board (TREB) Average Prices and Graph
The December Real Estate Market Report shows that November was still a good month and there were over 6,000 Sales

Signs of a healthy market are still around in the Toronto and GTA marketplace. The article below summarizes the recent press release from the Toronto Real Estate Board.
See a Graph of Price Trends
December 6, 2006 -- November put in another solid performance, with 6,281 sales transacted through the TorontoMLS system, Toronto Real Estate Board (TREB) President Dorothy Mason announced today. "This 6,000 plus figure is in keeping with a generally healthy real estate market," said the President.

"By the end of December, the Toronto area market will have exceeded 80,000 resales for only the third time in TREB history." Prices remained stable in November, with the average moderating slightly to $355,727 from October's $356,423.

The average was up four per cent over the November 2005 figure of $341,177.

This was the news release that was issued by the Toronto Real Estate Board.

Read the full report and see graphs of price trends

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829

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