MARKET WATCH
...September 4, 2008 -- TREB Members reported 6,318 in sales in August, President Maureen O’Neill announced today. “The 2008 Toronto summer market is ending on a solid pace,” noted the President. Sales were down 22 per cent from the record-breaking August 2007 of 8,059 single family dwellings, but were only off nine per cent from the more typical figure of 6,976 sales recorded in August 2006. This sales decline did not occur uniformly across the GTA. Units transacted within the City of Toronto, at 2,437, were down 25 per cent from the 3,243 recorded in August of 2007, while down only 10 per cent from the 2,706 figure in the same month of 2006. Meanwhile sales within the 905 suburbs came in at 3,881, down 19 per cent from 2007 (4,816 sales), and down 9 per cent from August of 2006, when 4,270 sales were recorded. Clcik on Market watch for the full story... Click here for the Toronto Real Estate Board's MARKET WATCH Click for the Mississauga Real Estate Board's MARKET WATCH Mississauga Real Estate Boards web site | Make the right move . . . hire a Mississauga Real Estate Board realtor | 1. Mississauga Real Estate Board Members live in Mississauga , work in Mississauga and are members of a Board that deals with local issues. 2. Mississauga Real Estate Board Members have membership in the Toronto Real Estate Board, as well. This dual membership situation gives clients the best of both worlds – resulting in more exposure in the market. | Over 6,000 Sales In August September 4, 2008 -- TREB Members reported 6,318 in sales in August, President Maureen O’Neill announced today. “The 2008 Toronto summer market is ending on a solid pace,” noted the President. Sales were down 22 per cent from the record-breaking August 2007 of 8,059 single family dwellings, but were only off nine per cent from the more typical figure of 6,976 sales recorded in August 2006. This sales decline did not occur uniformly across the GTA. Units transacted within the City of Toronto, at 2,437, were down 25 per cent from the 3,243 recorded in August of 2007, while down only 10 per cent from the 2,706 figure in the same month of 2006. Click Market Watch for details.
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