Market Watch Reports - 2008

  

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Sales Break 6,000 In Spite Of Winter Weather

"While snow fell in almost record amounts, Toronto Real Estate Board Members recorded a respectable 6,015 sales during the month of February, TREB President Maureen O'Neill announced today.
While sales were down over 2007 (11 per cent), they are in line with historical levels for the month, and they should increase substantially as the GTA eases into Spring."

Prices rose in February, with the average climbing to $382,048, up four per cent from the $367,687 recorded in
February of last year. Days-on-Market stood at 30 days, and the list-to-sale price ratio was 99 per cent."

"... 2,358 sales were reported in TREB's 28 West
districts and averaged $357,884 "

Click to view the full February'08 Report

NEW YEAR OFF TO GOOD START

" Mississauga There were 647 sales in Mississauga this January, a decline of three per cent over the first month of 2007. The average price came in at $339,655, a one per cent increase over the same time-frame last year. Of these sales, 196 were of detached homes which averaged $516,190, up eight per cent over January '07. "

Click to view the full January'08 Report