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Iris Li, B.A.
Sales Representative Toronto Real Estate Condos For Sale
REMAX Goldenway Realty Inc., Brokerage |
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Canadian Real Estate climbed 11.2 per cent in national sales on a seasonally adjusted month over month gain, the highest in more than five years.
Over 34,838 homes changed hands again higher than in any of the prior seven months.
Calgary led by 31 per cent gain, Vancouver 30 per cent gain, Montreal 15 per cent gain and Toronto home sales by 10 per cent gain.
Over 7o per cent of the Real Estate markets cross Canada reported sales were up from March.
The average Canadian Real Estate sales price was $306,366 down 3.2 per cent from April 2008.
The Canadian Real Estate Association said that this rebound in home sales and prices was much stronger than expected.
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