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GTA home sales down 35% from February 2017

Tuesday Mar 06th, 2018

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Toronto Real Estate Board Reported the number of homes sold last month fell nearly 35% and the average selling price dropped 12% from the historically high levels set last year. The average selling price covering all types of residential sales was down 12.4% to $767,818 compared to last year and the number of transactions were also down to 5,175 compared to 7,955 sales in February 2017 down 34.9%. Toronto Real Estate Board showed the biggest drop was in detached homes in both the... [read more]

Market Stats For January 2018

Tuesday Feb 06th, 2018

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Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 4,019 residential transactions through TREB's MLS® System in January 2018. This result was down by 22 per cent compared to a record 5,155 sales reported in January 2017. The number of new listings entered into TREB's MLS® System amounted to 8,585  a 17.4% increase compared to 7,314 new listings entered in January 2017. However, it is important to note that the level of new listings... [read more]

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