(Source: The Toronto Star)
Existing home sales in the Toronto area in the first half of November were up 84 per cent compared to the same time last year.
The average price of a home was also up by 10 per cent year over year to $415,066, according to figures released by the Toronto Real Estate Board today.
The gains have been especially spectacular in comparison since the financial crisis started last fall.
Read the full article by Tony Wong, “Toronto existing home sales sure in early November” in the Toronto Star (Nov 18, 2009).