W28

Submitted by Jasmina on Thu, 2008-06-19 01:44.

The Greater Toronto Area (GTA) communities that experienced strong activity in the first half of June are:

  • mid-June Toronto Resale Housing Market performanceRichmond Hill South (N03) experienced strong detached home sales, which resulted in a five per cent increase from mid-June 2007.
  • In Caledon (W28) detached home transactions led to a nine per cent increase in sales over the same period a year ago.
  • Condominium apartment transactions also drove West Agincourt (E05) to a 24 per cent increase in sales compared to the same timeframe a year ago.
  • In Riverdale (E01) transactions increased 28 per cent compared to the first half of June 2007 driven by strong condominium apartment sales.

Resale home prices continued their upward trend in the first half of this month

The Greater Toronto Area (GTA) average price is currently $398,542, up four per cent over the $384,576 average from the same timeframe a year ago and up 11 per cent from the $358,648 recorded at mid-June 2006.

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