Record July Resales in GTA Sales of New Condominiums Rebound Record July Resales in GTA Record July Resales in GTA In July 2009, Greater Toronto REALTORS® reported a record 9,967 sales, up 28 per cent from July 2008. The average price for July transactions was $395,414 - up by six per cent compared to the same month last year. "Households confident in their positioning within the current economic environment have taken advantage of housing affordability in the GTA," said TREB President Tom Lebour. Full Story Sales of New Condominiums Rebound Sales of New Condominiums Rebound   After three consecutive quarters of negative growth, sales of condos hit 2,963 units in the second quarter, up 223 per cent from the dismal 917 first-quarter sales, according to market research firm Urbanation inc. in a report yesterday. The resale condo market, meanwhile, is forecast to be up 30 per cent in July from the same time last year, according to some estimates. Full Story Lea Barclay Sales Representative