Wednesday, 16 May 2007

No sign of a real estate market slowdown

So here were are just past the mid-point in May and the real estate market is showing no signs of slowing down, even per the normal Spring-to-Summer slowdown.

The Toronto Real Estate Board president Dorothy Mason announced that May sales to the mid-point of the month set an all-time, mid-month record of 5,003 sales. That's a whopping 11 percent increase of the mid-month total of May 2006.