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lULY numams 1 Housing remains hat BY DAVID FLEI‘KTHER liticiiiht‘rti lung 1 um Sales continued to spike in luly with the (HA housing market recording 33 per cent more sales than the same month last year. Nearly 8.1,") hurth sold across the (HA last month. about 1.600 of them in York Region, up 35 per cent from July 20H), accord- ing it the Toronto Real Estate Board’s latest numbers While the average price of a home in the board's territory now sits iuat less than $460,000, it's even higher in York Region, at $542,000. up more than 10 per cent from a yearago. AVEMGE PRICE $542,000 last year's slowdown was attributed to higher mortgage rates, new lending roles’and ‘ misconceptions about the impact of the new HST. board president Richard Silver said . “If the current pacfetof sales holds up. we could see the second best year on record under the current TREE market area.” he A tight market has been a driving force. but listings are starting to loosen up. board senior manager of marketing analysis Jason Mercer said. I'hat should lead to a slowing in the rate of price. gmwth. Here's a closer look. 0 Not surprisingly. mast home sales are in the region's south. Markham saw more than 400 while 391 homes changed hands in Richmond Hill and an even 3(1) in Vaughan. - Nearly 60 percent of all regional sales ” were detached homes. with an average price of 3646.755. Only last (iwillimhury. (imrgina and Newmaritet had average prices below $500.th) _ - (kmdominium atmrtments accounted for more than it) per cent of all sales in the region in July. with an average price just under $10,000. Vaughan. Richmond Hill and Markham each posted 55 or more ' 0 Every York Region municipality empt East Uwillimbury saw sales up substan- tialiy compared to' My 2010. Sales were up at least :0 per cent in every other munici- pality. including a flit-percent increase in Whitchurch-Stoufiville and a 67-per-cent increase in Aurora. ’ 0 The picture changes somewhat when you look at the year-to-date numbers. how- ever. Overall sales are up 5 per cent. but only Aurora. Richmond Hill and Whitchurch- Stouflvtlle are posting higher numbers than theydldinzolo. SALES UP 98 PER GEN? WW 0 So far this year. York Region homes are selling in an average 23 days. Markham homas have awraged 19 days on the market. while Richmond Hill homes averaged 20. At the other end of the spectrum, it's taking an average 55 days to sell a home in King. 0 More than 17,000 homes have gone on the market in Yon: Region since lan. i. More than half of those are in Markham and Richâ€" mond Hill. Let LeaseBusters.com Clull Your Current Lease and Save Thousands on Your New Replacen‘ient Vehicle See how easy ll %5 to get out of your lease or finance p-‘ivmi‘fit‘ At leaseBusterscom and FinanteBusters com We male it eat." Call today 1-888-357-2678 Over 2,000 Vehicles to Choose From lease Take Overs, Finance Take Overs. Used Cars, Dealer 8. Factory Con par v Lat; r 1: rm '. What do you want your next car to be? Search over 50,000 used cars. Find the one that suits you bele Looking to find that perfect used vehicle? WW 0 Vi all ~- truck or SUV, AutOCatCh.C0m offers a canan selection-at I "i 1 private used car listings and is the authoritative used car mum motivated car buyers. With daily updates and AutoCatchcom prcwides detailed search results fast! (In: it ,' B’rty worming . moa'uotfiamofi'w 'Ml’iu‘u] :mc :31: wnozx‘ ‘6