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As 2011 progressed and the demand for houses never abated, we knew we were experiencing an above average year for real estate activity in Toronto. We were right!  

The 4,718 homes sold in December brought the total sales in 2011 to 89,347, the second-best year in Toronto’s history. Prices continued to rise in 2011 and ended the year at an average of $465,412, an increase of 8% over 2010’s $431,276 (CONTINUED...)

TO READ THE FULL MARKET UPDATE REPORT PLEASE CLICK THIS BUTTON