December 2019 Toronto Real Estate Market Report
Tuesday Jan 07th, 2020Share
Toronto Real Estate Board Reported December 2019 sales were up by 17.4 per cent year-over-year to 4,399 for GTA. Total sales for 2019 amounted to 87,825 up by 12.6 per cent compared to the decade low 78,015 sales reported in 2018.
The number of new listings entered into TREB's MLS® System was down by 2.4 per cent year-over-year. The MLS® Home Price Index Composite Benchmark was up by 7.3 per cent on a year-over-year basis in December 2019.
The average selling price in December 2019 was $837,788 – up almost 12 per cent year-over-year.
For calendar year 2019, the average selling price was $819,319 – up by four per cent compared to $787,856 in 2018.