Toronto Residential Realtors. Service Beyond The Status Quo
Toronto’s April sales volumes and prices are down from April 2022 which should come as no surprise as 2022 prices were at all-time highs. As mentioned in the last 3 monthly newsletters, the market continues to strengthen as average prices increased for the fifth consecutive month. Buyers who were on the sidelines are coming back…
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Toronto’s real estate market showed signs of life. Transactions were down ~45% from pre-rate hike levels of early 2022 while prices fell ~12% compared to last February. Although these results are down, they followed the cautious optimism I wrote about last month and it feels like we’ve hit the bottom of this downturn in terms…
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