Posted by: torontocondo | May 7, 2009

Toronto Condos Resales April 2009

The Toronto Real Estate Board reported 8,107 total resales in April 2009, down 7 per cent, compared to resales in the same month in 2008.

Prices for Toronto Condos in these  Central districts of Toronto were again lower, with a few popular areas again showing slowing negative figures and a few positive results from the same period a year ago.

Condos  in the Central Toronto Real Estate District ( C04 ) increased 7.8 per cent in average price from one year ago. These other central districts we follow all show a slowing of price declines but not as much as we expected for this Spring Market.

The average price for Toronto Real Estate April transactions, including the GTA ,was $385,641, down three per cent from 2008.

The average price statistics  of  Toronto Condos in several Toronto downtown and Central Real Estate districts for April 2009 were as follows:

District April 2008 April 2009 Change %
C01 346,991 329,278 -5.01
C07 282,427 288,862 +2.3
C08 355,142 319,598 -10.0
C14 305,598 308,432 +0.93
C15 286,145 265,890 -7.1

 

 

 

 

 

 

 

Other Toronto Real Estate prices and sales for the different Toronto districts can be found on the updated Torontohomeandcondo.com Marketwatch section of our Toronto Real Estate website that includes new and resale Condos, Lofts, Town-homes and Homes for sale.

Related Posts:

Toronto Real Estate Prices To Rebound 2010

Toronto Real Estate Prices Stronger

Condos Most Affordable In Toronto Market



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