TREB (Toronto Real Estate Board) members reported 8,912 total sales for July, 2007. This is all time record for the month and is an increase of 26% over July of 2006, which recorded 7,082 sales.
July 2007 is also the fourth month in a row that sales have broken records. "The local resale market is as healthy as it has ever been," said TREB President Donald Bentley.
The average Days on Market for all Central District sales for July was 26, with C01 at a low of 22, with properties selling for 100% of list price on average.
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