Sales Break 6,000 In Spite Of Winter Weather
Toronto Real Estate Market recorded a respectable 6,015 sales during the month of February, 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.

High Rise sales totaled 1,067 units sold, up 55% over the previous month and up 20% compared to the same time last year.

............. .....February .2007..........February 2008............%Change

Sales:................ 6772 ..........................6015....................... -11%

New Listing:....11880..........................11478.......................-3%

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