Just out are the June 08 Toronto Real Estate conditions.

The Greater Toronto Area average price increased by 4 per cent over the June 2007 to $395,866

The City of Toronto increased from $411,530 in 2007 to $427,198 an increase of 4 per cent.

Regarding sales, The City of Toronto posted 3,841 transactions in June, down 18 per cent from the record June 2007 figures.

The Toronto Real Estate Board is expecting balanced Real Estate transactions in the coming months.