Toronto Real Estate Downtown
The Toronto Real Estate market saw a record breaking 10,855 sales with an average Toronto Resale Price of $403,972
The Toronto Condo market saw a few Central Condo districts obtain positive increase like ( C15 ) showing an increase in average resale price of $317,748 , a 20 per cent increase over June, 2008.
Sales were up in most off the Central Toronto Real Estate Markets, ( C01 ) the biggest downtown Toronto Condo Market, saw June resales increase 45 per cent from the same period a year ago.
The sales to active listings ratio in ( C01 ) was 70.3 per cent and Condos selling at an average 99 per cent of the listing price. One hot Toronto June Condo market with some Condos selling in multiple offers resulting in bidding wars.
The Toronto Real Estate Board sees fewer listing in the near future with more sales and that should keep the housing prices stronger than we experienced in the recent winter months.
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Record June Toronto Home And Condo Sales
