N08

Submitted by Jasmina on Sun, 2006-08-20 12:57.

CNW Group: TORONTO, August 18, 2006 -- Resale home transactions remained robust in the first half of August, as mid-month figures showed a three per cent increase over the same timeframe last year, Toronto Real Estate Board President Dorothy Mason announced today.

  • North of Toronto, Central Vaughan (N08) showed an overall sales increase of 41 per cent compared to mid-August 2005.
  • In Mississauga, 37 per cent more overall transactions took place in the eastern portion of Streetsville (W19) compared to last year's mid-August figures, fueled by increased sales of townhomes.
  • In Toronto's east end, Scarborough's E09 district showed a 61 per cent increase in overall sales compared to mid-August figures a year ago, as condominium sales more than doubled.
  • Condominium activity nearly doubled on the east side of North York Centre (C14), as overall transactions in the area went up 40 per cent compared to mid-August of last year.

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