Hello there;
Just wanted to inform you on what type of purchases buyers are making these days across the Greater Toronto Area. These stats are for the month of January 2010
1% of buyers purchased a home under $110,000
9% of buyers purchased a home between $110,001 and $200,000
25% of buyers purchased a home between $200,001 and $300,000
27% of buyers purchased a home between $300,001 and $400,000
17% of buyers purchased a home between $400,001 and $500,000
21% of buyers purchased a home $500,001 and up
The average home selling price in January 2010 climbed 19 per cent to $409,058, compared to 343,632 in the same month last year.
Source: The Toronto Real Estate Board
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