Recipient of President's Gold Award
October Resale Market Remains Strong and Stable
November 3, 2004—The Toronto real estate market maintained a strong and stable pace in October, with a total of 6,666 properties changing hands. This performance makes it the second best October, second only to last year's record, which was eight per cent higher.
This month the 2nd best October ever. The average Days on Market came in at 36 days, a brisk pace by historical standards, and that the average list-to-sale price ratio remained at 98 per cent, indicative of a seller's market.
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