The New Street April 2019 Greater Toronto Region Real Estate Report //
๐ The average price of a home in the Greater Toronto Region was $820,148 in April 2019
๐ This figure is up by 4% from the previous month of March
๐ Up 1.9% from April 2018
๐ Down 12% from April 2017 (when the market was getting heated)
๐ 10% jump from 3 years ago in 2016.
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๐ Sales volume was up from last month by 26% and up 17% from last year April
๐ Down by 27% from April 2017 and 33% from April 2016
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๐ It currently takes 19 days to sell a home on average, this is down 10% from last month and 5% from April 2018. 52% longer when compared to April 2017.
๐ Homes are selling for 99% of the asking price.
๐There is currently 2.6 months of supply on the market which is down from last month but up 4% from April 2018
Watch Selena Pollard Scott break it down in the video below //