March Resale Housing Results Bring Positive News!
TORONTO - April 6, 2009 -- In March 2009, Greater Toronto REALTORS® reported 6,171 sales - down seven per cent from March 2008, representing the smallest year-over-year decline in the last five months. The average price for March transactions was $362,052 - down less than five per cent from the same month last year.
"The Greater Toronto housing market has stood up very well given the challenging economic times the world has experienced in recent months," commented TREB President Maureen O'Neill.
"In fact, over the past two months, the situation in the housing market has improved."
The market has taken a positive turn since the beginning of 2009. For valuable information on the market and sales in Davisville Village in March of 2009, please click below.
Davisville Village Sales in March of 2009 Click here