GTA June and July Sales Post Records

By admin | Published: August 8, 2009

We’re back as consumers realize mortgage rates are low and the Canadian market doesn’t have the problems in the US. July, 09  posted another monthly sales record and prices strengthened.

Monthly home Sales for 3 years

Prices in June and July, 09 were the highest in those months for the last three years. With low inventory and fewer new listings coming on the market, this trend is expected to continue. Since the Bank of Canada guaranteed rates until next year housing affordability is still good and this is a good time to start looking for your new home.

Monthly home prices for 3 years

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