TORONTO — Toronto-area real estate agents have had a stronger start to the new year than last January but activity was slower than in the first half of December.

The local real estate association reports its members had 1,469 transactions in the first two weeks of January, up 35 units from a year before.

There was also a four per cent increase year to year in the average transaction price, which rose to $459,728 in the first half of January from $442,292 last year.

(STORY CONTINUES BELOW SLIDESHOW)

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  • 5th Worst: Fraser Valley, BC -- Down 25.5%

    Percent change in total dollar value of home sales, Nov. 2011 to Nov. 2012 Source: <a href="http://homepriceindex.ca/docs/2012_12_17_news_release_rl.pdf">CREA</a>

  • 4th Worst: Victoria, BC -- Down 26%

    Percent change in total dollar value of home sales, Nov. 2011 to Nov. 2012 Source: <a href="http://homepriceindex.ca/docs/2012_12_17_news_release_rl.pdf">CREA</a>

  • 3rd Worst: St. Catharines, ON -- Down 26.9%

    Percent change in total dollar value of home sales, Nov. 2011 to Nov. 2012 Source: <a href="http://homepriceindex.ca/docs/2012_12_17_news_release_rl.pdf">CREA</a>

  • 2nd Worst: Vancouver -- Down 32.2%

    Percent change in total dollar value of home sales, Nov. 2011 to Nov. 2012 Source: <a href="http://homepriceindex.ca/docs/2012_12_17_news_release_rl.pdf">CREA</a>

  • Worst: Halifax, NS -- Down 36.1%

    Percent change in total dollar value of home sales, Nov. 2011 to Nov. 2012 Source: <a href="http://homepriceindex.ca/docs/2012_12_17_news_release_rl.pdf">CREA</a>

  • 5th Best: Sudbury, ON -- Up 10.7%

    Percent change in total dollar value of home sales, Nov. 2011 to Nov. 2012 Source: <a href="http://homepriceindex.ca/docs/2012_12_17_news_release_rl.pdf">CREA</a>

  • 4th Best: Kitchener-Waterloo, ON -- Up 11.4%

    Percent change in total dollar value of home sales, Nov. 2011 to Nov. 2012 Source: <a href="http://homepriceindex.ca/docs/2012_12_17_news_release_rl.pdf">CREA</a>

  • 3rd Best: Calgary -- Up 14.8%

    Percent change in total dollar value of home sales, Nov. 2011 to Nov. 2012 Source: <a href="http://homepriceindex.ca/docs/2012_12_17_news_release_rl.pdf">CREA</a>

  • 2nd Best: Windsor, ON -- Up 17.1%

    Percent change in total dollar value of home sales, Nov. 2011 to Nov. 2012 Source: <a href="http://homepriceindex.ca/docs/2012_12_17_news_release_rl.pdf">CREA</a>

  • Best: Saint John, NB -- Up 18.9%

    Percent change in total dollar value of home sales, Nov. 2011 to Nov. 2012 Source: <a href="http://homepriceindex.ca/docs/2012_12_17_news_release_rl.pdf">CREA</a>

However, the number of Toronto-area homes sold and the average price was down compared with the first half of December.

The association reported last month that there were 2,169 units sold in the Greater Toronto Area from Dec. 1 to 14, at an average price of $471,862.

The report from the Greater Toronto Realtors association comes a day after its national counterpart reported a significant slowdown in activity in December.

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