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Greater Toronto Area Market- July 2009 SINGLE FAMILY RESIDENTIAL BREAKDOWN Annual Average and Median Price In July 2009 houses sale jumped over last year by 28% in the same period of year 2008 recording sale of 9,967 units and average price $ 395,414 up by 6%. Buyers and sellers both took benefit of the housing affordability due to lower interest rates. The real estate contributed positively in the economy of the country but definitely supported economy of the Greater Toronto Area. The sharp drop in the sale during the beginning of the year is now seems to be vanished. |
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