The Toronto Real Estate Board released the mid February 2010 statistics for the Greater Toronto Area. The number of sales to date was 3,555 in the first half of the month compared to 2,044 in mid-February of 2009. The average price for the GTA was $429,997 mid-February of last year compared to $364,748 this year.
In the Central District of Toronto, the average price was $471,958 compared to $400,467 last year. The number of sales to date was 1,430 compared to 816 in mid-February of 2009. The year-to-date total sales are up 74% compared to last year with the average price up 18%.