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GTA home sales up 362% since last April, but market is starting to slow: TRREB

However, home sales in April were down 12.7 per cent from 15,652 in the month prior. New listings in April soared by 237 per cent, when compared with last year but dropped by 8.4 per cent when compared with March 2021. The average selling price amounted $1,090,992, up from $820,226 last April but down from $1,097,565 in March 2021. TRREB says the month-over-month decreases are a sign of a pullback in market activity and indicate that the region may be exhausting its pool of potential buyers within the existing GTA population. This report by The Canadian Press was first published May 5, 2021. © Copyright Yorkton This Week

Toronto housing stalls in April as prices slip from record high

Toronto housing stalls in April as prices slip from record high
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GTA home sales, new listings slow in April: TRREB

Winnipeg Free Press By: The Canadian Press Last Modified: 8:24 AM CDT Wednesday, May. 5, 2021 Save to Read Later TORONTO - April delivered a record number of home sales for the Greater Toronto Area, but the market is starting to slow from the intense pace seen earlier this year, the Toronto Regional Real Estate Board said Wednesday. A real estate sale sign is shown in a west-end Toronto neighbourhood Saturday, March 7, 2020. THE CANADIAN PRESS/Graeme Roy TORONTO - April delivered a record number of home sales for the Greater Toronto Area, but the market is starting to slow from the intense pace seen earlier this year, the Toronto Regional Real Estate Board said Wednesday.

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