74,552 Sales in 2008!
Total residential sales for the year 2008 were 74,552 as reported by Toronto Real Estate Board. This is down from the previous year's total of 93,193 is 2007 and 83,084 recorded in 2006. The average price in 2008 averaged $379,347 as compared to $376,236 in 2007 and the $351,941 recorded in 2006.
In the month od December 2008, TREB reported a total of 2,577 sales as compared to 4,646 recorded in December 2007 and 4,447 in December 2006.
The City of Toronto (416) recorded 1,105 sales in December, cmpared t 2,302 in december 2007 and 1,827 in December 2006. For all of 2008, there were 29,878 sales, compared to 39,052 in 2007 and 34,404 in 2006
Source: Toronto Real Estate Board