Friday, March 13, 2009

It's a Buyer's Market

With the softening real estate market, it's definitely turning towards a Buyer's Market where the Buyer will have more power to negotiate!


January

Greater Toronto REALTORS® reported 2,670 sales in January compared to 5,075 in the first month of 2008. The average home price in the Greater Toronto Area was $343,632, compared to $374,449 last January. The median price was $303,000 compared to $319,000 last year.

February


Toronto Real Estate Board Members reported 4,120 sales in February 2009 compared to 6,015 sales recorded in February 2008. The average home price was $361,305 last month compared to $382,048 during the same month last year.


Buying or Selling, through an agent or by yourself, my office can assist with your real estate transactions as well as your Wills & Estate and Corporate needs!

http://www.goldshlager.ca/

No comments:

Post a Comment