January 2009 Toronto Real Estate Market Statistics

The Toronto Real Estate Board reported sales for the month of January were 2,670 with the average price at $343,632.

This shows that the volume of homes being bought and sold is about half as many as were being traded a year ago at this time. The prices have declined by 4.9% from one month earlier and are now down by 13.7% from the market peak in May 2008.

Click on the chart for a larger version.

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