No summer slowdown in Toronto real estate as July shatters sales record
July was a record-breaking month for Toronto real estate sales, as 11,081 homes changed hands.
The Toronto Regional Real Estate Board says existing home sales in the Greater Toronto Area jumped 29.5 per cent compared with July 2019, hitting a new high for the month.
Average home prices are also up 16.9 per cent from a year ago, at $943,710.
Original Article Source Credits: CTV News , https://toronto.ctvnews.ca/
Article Written By: The Canadian Press Staff
Original Article Posted on: August 6, 2020
Link to Original Article: https://toronto.ctvnews.ca/no-summer-slowdown-in-toronto-real-estate-as-july-shatters-sales-record-1.5053251