The"Toronto Star" Business Section of September 4, 2010 says that August was cool, representing for the third month in a row, existing home sales in the Toronto area fell compared with last year.
Confirming, the Toronto Real Estate Board shows the numbers on their website indicating that Greater Toronto REALTORS® reported 6,232 sales through the Multiple Listing Service® (MLS®) in August 2010. This represented a 22% decrease compared to the 8,035 sales recorded during the same period in 2009. We had 2,360 sales in Toronto (416) and 3,872 sales in the GTA area (905). New listings decreased by one per cent year-over-year to 10,488.
