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GTA REALTORS® Report Mid-Month Resale Housing Market

Friday, March 9, 2018   /   by Ruth Ballantyne

GTA REALTORS® Report Mid-Month Resale Housing Market



TORONTO, January 19, 2011 --

Greater Toronto REALTORS® reported 1,563

sales during the first two weeks of January 2011 – an 11 per cent decrease

compared to the first two weeks of January 2010.

"While off the record pace experienced last January, sales remain high from a

historic perspective and market conditions remain tight enough to support a

sustainable rate of price growth," said Toronto Real Estate Board (TREB) President

Bill Johnston.

The average price for transactions during the first 14 days of January was

$413,565, representing a five per cent increase compared to the first two weeks of

January 2010.

"Average price growth continues to be supported by a positive affordability

picture. A household earning the average income can afford mortgage payments

associated with the purchase of an average priced home," said Jason Mercer,

TREB's Senior Manager of Market Analysis.



Ballantyne Professionals | RE/MAX Realty Services Inc.
Ruth Ballantyne
295 Queen Street E
Brampton, ON L6W 3R1
905-456-1000

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2021 Last Updated March 3, 2021
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