June Sales Report for Durham Region, Toronto Real Estate

The Toronto Real Estate Board has issued it's sales statistics for resale residential real estate for June, 2013.  The entire board saw a composite price gain of 2.91% with 9,061 sales, with volume down 0.7% from June of 2012, which made for a second quarter that was lower than the second quarter of 2012, but substantially improved versus the first quarter decline.  New listings in June were lower than sales, making for a more competitive market as inventory declined. Durham region demonstrated a year-over-year composite (for all property types) price increase of 5.67%, compared to 1.79% in the City of Toronto and 2.91% for the entire Toronto Real Estate Board. Highlights from this month include a townhome price gain of 10.21% in Whitby, and a 7.09% composite increase in Oshawa. [ultimatetables 8 /]   If you are interested in seeing values for an area not shown, or are interested in average prices, please comment below or send me an email - john@johnsells.ca As always, give me a call anytime if you would to discuss further without any obligation.