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Market Trends / July / Toronto Real Estate Board

August 2, 2010 by James Metcalfe Leave a Comment

The charts are in … Year to date home sales in numbers and dollars in Toronto are up. Yes July was down some 35% over last July but when compared to July 2008 (a more relevant comparison) all is even. Our Toronto Real Estate market is somewhat insulated from other Canadian and World markets. Demand is still very strong for land, homes and condos in OurHomeToronto. We are in a balanced market with both buyers and sellers / supply and demand even. Pundits are forecasting an active Fall with more listings coming to market.  Mortgage brokers and financial institutions indicate  that Fall interest rates will remain very attractive and may even go down slightly.
Buying or Selling this Fall is a good time to come to market.

Treb housing market_charts_july_2010

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These statistics come directly from the Toronto Real Estate Board every month for your convenience.

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Filed Under: Market Stats & Trends Tagged With: Market Trends, Toronto Real Estate, TREB, TREB Stats

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