Sales Down While Prices Are Up. Greater Selection, Less Competition and Stabilizing Prices.
- GTA home sales in June were down 41% from last year, with prices also down 5.5%.
- As mortgage rates continue to rise, buyers are taking advantage of greater selection, less competition and stabilizing prices.
- Buyers now is your time to capture this opportunity and capitalize on this time of transition.
- Demand for housing throughout the GTA continues to outweigh supply in most areas which will continue to support home prices.
Want more details? Check out TRREB's Full Report
June 2022 vs. June 2021
June 2022 vs. May 2022
Click here to see Toronto Real Estate Board's Full Report
Want to keep an eye on sales in your neighbourhood?
We can let you know as soon as your neighbour's house goes on the market. Click here to find out more!