The Canadian PressMay 3, 2013 12:15
TORONTO - Home sales dipped two per cent in the Greater Toronto Area in April, but selling prices were also up, according to the latest report from the Toronto Real Estate Board.
The board said Friday that area realtors reported 9,811 sales last month through the Multiple Listing Service, down from 10,021 in April 2012.
Meanwhile, the board said average prices advanced two per cent to $526,335, while the MLS HPI composite benchmark prices were up 2.9 per cent, even as both new and active listings also grew on a year-over-year basis.
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