There were 7,825 sales reported through TREB’s MLS® System in September 2019. This result represented strong year-over-year sales growth of 22 per cent compared to 6,414 sales reported in September 2018.
There were 7,711 residential sales in Toronto in August 2019. This was a 13.4% increase compared to 6,797 sales reported in August 2018. On a month-over-month basis, after preliminary seasonal adjustment, sales were up by 0.8%.
There were 8,595 home sales in Toronto in the month of July. This result was up by 24.3% compared to July 2018. On a month-over-month basis, sales were up by 5.1%, after preliminary seasonal adjustment. New listings were also up compared to July 2018, but by a much lesser annual rate than sales, at 3.7%.
There were a reported 9,989 sales in Toronto last month which is an increase of 18.9% over the 15-year low experienced in May 2018. However, this result is still below the average that we have seen in the month of May over the past ten years, which is 10,300. This year-over-year uptick in sales does suggest though, that the share of likely home buyers in the GTA has edged upwards since the fall.
The Toronto Real Estate Board reported a substantial year-over-year increase in home sales in April 2019. The number of residential transactions jumped by 16.8% and on a preliminary seasonally adjusted basis, sales were up 11.3 per cent compared to March 2019.
The March stats are in and we have summarized all the numbers for you, to give you a snapshot of how the west end Toronto real estate market fared last month. Overall, the number of sales were stable, listings were down and average sale prices were down marginally compared to last year.
Here is a recap of February’s real estate sales for Toronto’s west end. Overall, the number of sales were down, but for the most part average sale prices were either the same or higher than what we were seeing in February 2018.