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.
Here is a brief summary of the most important figures that compare 2007 to 2006 in all Northern Districts of the Toronto Real Estate Board.
2006 // 2007
Sales: 16,630 // 18,756
$Volume: $6,381,104,859 // $7,554,016,574
Average Home Price: $383,710 // $402,752
Average Days On Market: 38 // 36
Average List% : 97// 98
Click here to see a brief 2007 summary for
Newmarket
Bradford
Innisfil
All of the GTA/All Toronto Real Estate Board Districts
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