The next two months should show Real Estate in Toronto and in Canada higher than anticipated in sales and prices.

Last year in September the global credit crunch brought down not only local but world Real Estate markets. Buyer froze and waited out the recession and only in January, 2009 did the Toronto Real Estate Market start to move.

Real Estate results are looking much better compared to 2008:

• Year over year real estate statistics showed home sales increased 34 per cent for the first two weeks of October
• The Toronto Real Estate Board reported the average resale price up 17 per cent to $414,475
• Positive numbers for the remaining year to look better in comparison to the poor sales and price of 2008
• Analysts saying 2009 to be second best on record