If you are a homeowner thinking of selling the property, or on the other hand a buyer seeking the perfect home for you and your family, you might be interested in the latest TREB report and the August results of the Toronto real estate market. In August, the realtors sold 27% more units than in the same month last year, however the number in July 2009 was even higher.
The average price has been developing in a similar way, being now 6% over last year's average. The results for the first eight months of 2008 were surpassed by 2% in August. Generally, the market is calming down and becoming more stabilized now. Detailed statistics can be found in the Toronto real estate market article.
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