𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for April 2022 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📉
New listings down by more than one-third across the Toronto Regional Real Estate Board resulted in 𝐠𝐫𝐞𝐚𝐭𝐞𝐫 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐁𝐮𝐲𝐞𝐫𝐬 𝐚𝐧𝐝𝐢𝐦𝐩𝐫𝐨𝐯𝐞𝐝 𝐬𝐞𝐥𝐥𝐢𝐧𝐠 𝐩𝐫𝐢𝐜𝐞𝐬 𝐬𝐢𝐧𝐜𝐞 𝐭𝐡𝐞 𝐬𝐭𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐲𝐞𝐚𝐫.
Keep in mind that hasn’t been competition across the board. It is specific to the neighbourhood, product type, property appeal and price point.
The year/year numbers are down as April 2023 was still in a record time frame. Interestingly, Toronto’s stats have the slightest decline year/year compared to the other areas in our report which suggests that the rebound in the market comeback has been most significant in Toronto proper.
𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝗔𝗽𝗿𝗶𝗹 𝟮𝟬𝟮𝟯’𝘀 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝘁𝗵𝗲𝘆 𝗳𝗮𝗿𝗲 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟯 📑
◼️ Toronto average detached home values up $80k month over month. Condo towns up $100k whereas condo apartments flat
◼️ Mississauga property values flat across all home types
◼️ Oakville detached and semis flat, freehold townhouses up $180k and condo apartments down $70k
◼️ Burlington property values flat across all home types except condo apartments up $70k
Be sure to view the full details of each area within our update. Click on each image to view.
𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the form below.
