The New Street May 2019 Greater Toronto Region Real Estate Report //
📊 The average price of a home in the Greater Toronto Region was $838,540 in May 2019
📊 This figure is up by 2.2% from the previous month of April
📊 Up 3.6% from May 2018
📊 Down 3% from May 2017 (when the market was getting heated)
📊 10% jump from 3 years ago in 2016
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📊 Sales volume was up from last month by 11% and up 19% from last year May
📊 Down by 2% from May 2017 and 28% from May 2016
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📊 It currently takes 19 days to sell a home on average, this is consistent with last month and 5% from May 2018. 42% longer when compared to May 2017
📊 Homes are selling for 99% of the asking price
📊There is currently 2.5 months of supply on the market which is down from last month and last year by 4%