Following is a synopsis of what’s happening in Canadian Real Estate Sales activity, new listings, sales to new listing ratio and months of inventory remain stable Average price increased over the past 11 months More details are included in the video.  What do you think about the information provided?  Leave your comments below…

Toronto, September 7, 2011 — Greater Toronto REALTORS® reported 7,542 sales through the TorontoMLS® system in August – a 24 per cent increase over 6,083 sales in August 2010. New listings, at 12,509, were up by 20 per cent compared to August 2010. Market conditions remained tight as sales growth outstripped growth in new listings.

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