Canadian Funding Corporation Housing Affordability News» Households http://canadian-funding-corporation-affordability.com Housing Affordability in Canada Covered by the Canadian Funding Corp. Tue, 15 Jun 2010 15:35:20 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 GTA Resale Housing Sales Up 19 Per Cent in the First Half of June http://canadian-funding-corporation-affordability.com/2009/06/gta-resale-housing-sales-up-19-per-cent-in-the-first-half-of-june/ http://canadian-funding-corporation-affordability.com/2009/06/gta-resale-housing-sales-up-19-per-cent-in-the-first-half-of-june/#comments Thu, 18 Jun 2009 15:55:47 +0000 admin http://canadian-funding-corporation-affordability.com/?p=76 TORONTO, June 17, 2009- Greater Toronto REALTORS® reported 5,185 transactions in the first half of June – an increase of 19 per cent compared to the same period last year.

“Households in the GTA have become more confident in purchasing a home over the past three months,” said TREB President Maureen O’Neill. “Affordability, due in part to very low borrowing costs, has played a key role.”

The average price for MLS® sales was $407,716, up by two per cent compared to last year. “Heightened interest in ownership housing this spring has solidified resale home prices,” according to Jason Mercer, TREB’s Senior Manager of Market Analysis. “The number of home buyers has been high relative to the number of listings, pushing the average price above last year’s level.”

reviewed by Moishe Alexander, CFC CEO

http://eastyorktorontorealestate.com/gta-resale-housing-sales-up-19-per-cent-in-the-first-half-of-june/

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