Who’s the number one real estate brokerage in the Great Toronto Area? We are! Super proud to be a part of this organization.
The Toronto Real Estate Board has reported a 22-per-cent drop in the number of homes sold in GTA in May 2018 compared to May 2017 and a 26-per-cent decline in new listings of homes for sale, both statistic suggestive that consumers are still on the sidelines waiting for evidence of recovery in the GTA market. The decline in listings is helping keep prices stable with the average selling price rising 1.1 per cent in May compared to April on a seasonally adjusted basis. Compared to May 2017, prices for homes of all types were down 6.6 per cent in May 2018. “Market conditions are becoming tighter in the Greater Toronto…