Market Watch – April 2024

Market Watch – April 2024

April 2024 home sales were down in comparison to April 2023, when there was a temporary resurgence in market activity. New listings were up strongly year-over-year, which meant there was increased choice for home buyers and little movement in the average selling price compared to last year.

Greater Toronto Area (GTA) REALTORS® reported 7,114 sales through the Toronto Regional Real Estate Board (TRREB) MLS® System in April 2024 – down by five per cent compared to April 2023. New listings were up by 47.2 per cent over the same period. On a seasonally adjusted monthly basis, sales edged lower while new […] Read more

Market Stats At A Glance – MAR 2024

Market Stats At A Glance – MAR 2024

TRREB: Selling Prices Up In March and Set to Accelerate This SpringTORONTO, ONTARIO, April 3, 2024 – March 2024 home sales reported through TRREB’sMLS® System were lower than the March 2023 result, due in part to the statutory holiday GoodFriday falling in March this year versus April last year. Despite a better-supplied marketcompared to last year, there was enough competition between buyers to see a moderateincrease in the average March home price compared to last year’s level.Greater Toronto Area (GTA) REALTORS® reported 6,560 sales through TRREB’s MLS®System in March 2024 – down by 4.5 per cent compared to March 2023. […] Read more