Toronto Real Estate Board releases July 2012 home price index

The Toronto Real Estate Board has released their monthly update to the home price index for the GTA.  TREB reports 7,570 sales in July 2012, showing a small a decline of 1.5 per cent compared to 7,683 sales for the same period 2011.  The decline was most pronounced in the condominium apartment segment in Toronto.  Total sales in the rest of the Greater Toronto Area (GTA) were up compared to the same period last year.

 MLS Home Price Index for July 2012