Check out the February 2019 Market Report!
This is a high-level resale housing analysis with some key stats for Toronto and the Greater Toronto Area.
Despite sales being down year-over-year, new listings actually declined by a greater annual rate. This suggests that market conditions became tighter compared to last year. These tighter market conditions continue to support year-over-year average price growth.
With sales substantially lower than the 2016 record peak over the last two years, we have experienced a hit to the economy in the billions of dollars, in the GTA alone.
*Stats via @treb
*Stats outlined are from the Toronto Real Estate Board
If you’re looking to discuss your situation or some options contact me
February Market Report
