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Even in an unusually busy July, the average sale price (A.S.P.) for a house or condominium in Toronto dropped to $609,236 from June’s $639,184. The seasonal dip is common, as Sellers and Buyers forgo real estate for the pleasures of travel. This affects the high-end market in particular, further lowering the average. Your home remains a great investment. The average sale price in 2015 is up 10.6% over the average sale price in 2014.  

Best Wishes for Success,

 

Peter

  

Contact me with any questions or comments.

 

 

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Peter Russell - Chestnut Park Real Estate Ltd., Brokerage
1300 Yonge Street #100
Toronto, ON, M4T 1X3
(416) 706-3200
Chestnut Park Real Estate Ltd., Brokerage, independently owned & operated
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