Canada's Housing Bubble

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GTA housing market in September 2010 Print E-mail

Oct 06, 2010 Takloo takloo.wordpress.com

House prices across GTA increased in September 2010 keeping in line with the monthly trend of positive month-over-month change.

2010 Sales Average Price YoY (%) MoM (%)
January 4986 $409,058 19.04% -0.70%
February 7291 $431,509 19.43% 5.49%
March 10430 $434,696 20.07% 0.74%
April 10898 $437,600 13.47% 0.67%
May 9470 $446,593 12.89% 2.06%
June 8442 $435,034 7.69% -2.59%
July 6564 $420,482 6.34% -3.35%
August 6232 $411,012 5.95% -2.25%
September 6310 $427,329 5.03% 3.97%

The average price for September is about 4.3% below the recent peak in May 2010. The monthly price increase of 4% is quite surprising given the softer sales numbers.

 
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