The Toronto Real Estate Board reported 9,589 home sales for May, 2009, up almost 2 per cent, compared to resales in the same month in 2008.
Prices for Toronto Condos in the Central districts of Toronto we follow, were again lower than expected, with only a few popular areas showing slowing negative figures and a few others, positive results from the same period a year ago.
Condos in the Central Toronto Real Estate Districts ( C09, C11 ) increased 7 per cent in average price, from one year ago. The Central Condo districts below , were mixed, some with a slowing of price declines but again, not as much as expected, for this Spring Condo Market.
The average price for all Toronto Real Estate April transactions, including the GTA ,was $395,609 down less than 1 per cent, from $398,148 a year ago.
The average price statistics of Toronto Condos in several Toronto downtown and Central Real Estate districts for May 2009 were as follows:
| District | May2008 | May2009 | Change % |
| C01 | 372,648 | 326,860 | -.12 |
| C07 | 288,750 | 282,270 | -.02 |
| C08 | 314,749 | 298,041 | -.05 |
| C14 | 299,555 | 281,869 | -.059 |
| C15 | 302,150 | 277,078 | -.083 |
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 Condos Resales May 2009 [...]
By: Toronto Real Estate Market Rebounds In May « Toronto Condos on June 3, 2009
at 1:41 pm
[...] Toronto Condos Resales May 2009 [...]
By: Toronto Real Estate May 2009 Stats « Toronto Condos on June 4, 2009
at 8:41 am
[...] Toronto Condo resale Market continues to see new projects completed and both Toronto and North York Condos that were sold 2 to [...]
By: Canadian Housing Starts Up in May « Toronto Real Estate, Condos, Condominiums on June 9, 2009
at 12:52 pm
[...] top give a rounder view of the “averages”. A smaller Central District with just a few resale Condos in Toronto would give a different picture than another Central District with 700 [...]
By: Toronto Real Estate Average Prices « Toronto Condos on June 15, 2009
at 8:35 am
[...] Toronto Condos Resales May 2009 [...]
By: Resale Canadian Housing Rises in May « Toronto Condos on June 16, 2009
at 1:44 pm
[...] Toronto Condos Resales May 2009 [...]
By: Record June Toronto Home and Condo Sales « Toronto Real Estate, Condos, Condominiums on July 6, 2009
at 8:09 pm
[...] Toronto Condos Resales May 2009 [...]
By: Toronto Resales Move To June Record « Toronto Condos on July 7, 2009
at 8:35 am