The Toronto Real Estate Boards April statistics show the Toronto Real Estate Market is showing signs of improvement in month over month gains.

Both the average price of a Toronto Home is up and the sales volume is up as well, all indicating the market perhaps has reached its "bottom".

Here are theToronto Real Estate sales volumes so far in 2009:

• January 2,670
• February 4,120
• March 6,171
• April 8,107

The average monthly price for a Toronto Home in 2009:

• January $343,632
• February $361,305
• March $362,050
• April $385,641

Toronto has one of the biggest Condo Markets in North America and a lot of the Condos now appearing in various stages have been sold two to three years prior so it will be interesting to see how this new inventory of homes affects pricing and sales volume in the near future.

Iris Li, B.A.
Sales Representative,
ReMax Goldenway Realty Inc., Brokerage
Independently Owned and Operated*
Toronto, Ontario, Canada
416.505.8023 Direct