GTA Realtors report 8,107 Resales in April

GTA Realtors report 8,107 Resales in April

May 6, 2009 — In April 2009, Greater Toronto REALTORS® reported 8,107 sales – down seven per cent from April 2008. While April sales remained lower than last year, the resale housing market gained momentum on a month-over-month basis. The seasonally adjusted annual rate of sales in April, at 80,900, was up 26 per cent from March and up twothirds compared to January’s ten-year low.

Information provided by the Toronto Real Estate Board.