2007 was once again a record year in housing sales for the Toronto Real Estate Board.
Against the expectations of some apocalyptic forecasters, housing bubble talks and the sub-prime mortgage disaster in the U.S., 2007 was the best year ever in home sales.
In Newmarket the market was better than ever as well. Here is a brief summary of the most important figures that compare 2007 to 2006.
2006 // 2007
Sales: 1291 // 1419
$Volume: $419,538,232 // $482,843,590
Average Home Price : $324,972 // $340,270
Average Days On Market : 32 // 32
Average List% : 98 // 98
Average Increase in home prices : 5%
Click here to see a brief 2007 summary for
Bradford
Innisfil
All Northern Districts of the Toronto Real Estate Board
All of the GTA / All Toronto Real Estate Board Districts
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