April 2018 Toronto Real Estate Market Stats
Toronto has had 7.792 sales through April 2018. The average sale price was $804,584. On a year-over-year basis, sales were down by 32.1% and the average selling price was down by 12.4%.
- Prices are still lower than a year ago as last year around this time it was a record-breaking year
- Moderate growth since last month
- Will be seeing a more balanced market in the next few months
- The stress test will be in full effect and will most likely calm the market a little
The number of sales is lower than a year ago but up from March 2018.
Average sale prices are down from a year ago but a little higher than last month.