Record Sales For Toronto Housing Market!

The Toronto Real Estate Board reports a record number of sales for the month of May, 2007 with 11,146 homes sold. 4,175 sales were reported in TREB’s 28 West districts and averaged $356,836; 2,038 sales were reported in the 14 Central districts and averaged $506,172; 2,323 sales were reported in the 23 North districts and averaged $408,391; and 2,610 sales were reported in TREB’s 21 East districts and averaged $305,168.