Home sales in GTA down in April but new listings surge, real estate board says
The Toronto Regional Real Estate Board says Greater Toronto home sales in April were down 5 per cent from last year, but new listings surged, which created more choice for buyers and kept prices stable.
The board says 7,114 homes changed hands in the month compared with 7,487 last year, noting April, 2023, saw a temporary resurgence in market activity that led to a sales boost.
The average selling price was up 0.3 per cent year-over-year to $1,156,167.
Categories
Recent Posts
Large Forest Hill penthouse with city views rakes in three bids
Low ask and swift review of offers draws three bids for Riverdale semi
Rural Ontario farmsteads merge architecture with agritourism
Hamilton-area real estate agent accused of voyeurism through secret recording devices
Commercial real estate investors growing more active — and more selective
This condo developer is letting buyers put units on layaway for $1,000 a month
Inside a restored $7.6-million 'California-style' High Park bungalow that was originally built more than a century ago
No, aging baby boomers will not trigger a glut of suburban homes for young families
Edmonton-founded Initia moves 1,000 agents to eXp Realty
Great Expectations!
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "