The Toronto Real Estate Board reported combined residential sales were down 35 per cent from October 2007.
The City of Toronto was down 38 per cent in residential sales from October last year and the 905 area, down 32 per cent.
Prices declined 10 per cent in the GTA and the City of Toronto was down 13 per cent from October 2007.
Prices for Toronto Condos in the Central districts of Toronto were better than the averages, with popular areas showing positive gains from the same period a year ago.
The price breakdown of Condo prices in several Toronto downtown and Central Real Estate districts were as follows:
District
October 2007
October 2008
Change
C01
334,127
346,344
4%
C07
274,293
281,362
3%
C08
326,466
339,100
4%
C14
269,331
292,581
9%
C15
246,389
254,083
3%
For other Toronto Real Estate districts.North,East,Central and West, you can check the latest Market Watch statistics on our Toronto Real Estate website for Condos,Homes and Townhouses.
