September Real Estate Market Review

Toronto Real Estate Board sales in September 2007 were strong with 6,866 transactions throughout the Greater Toronto Area. This is up 4% over September of last year.

The autumn 2007 market continues to be strong and stable with the average home price up 5% from August 2007. With the average home around $380,000 in September, we see the GTA and Mississauga housing market to be a consistently positive and healthy market.

Many neighbourhoods in Toronto and Mississauga saw an increase in condominium apartment sales and semi-detached units, as these remain relatively affordable for many in this hot Real Estate Market.

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