December's real estate numbers
Business reporter Tony Wong explains:
Existing home sales in the Toronto area for 2009 eclipsed the previous year by 17 per cent, according to figures released today.
The Toronto Real Estate Board reported 87,308 sales of homes for last year, handily beating the 74,552 sales recorded in 2008.
That figure is all the more remarkable since economists had forecast a drop in sales for 2009. But a low interest rate environment helped the housing market steam roll to an unexpectedly strong finish.
Interactive maps today show the results for all 86 TREB areas, as follows:
The data was taken from TREB.