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.
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