Toronto Home Prices Up 16%!
May 4, 2016 -- Toronto home sales set another new record for the month of April. For the TREB market area as a whole, annual sales growth was experienced for all major home types except semi-detached houses. In the City of Toronto, sales were down for detached and semi-detached houses as well as townhouses on a year-over-year basis. This dip in sales in the '416' area code was due to a lack of low-rise listings. Many would-be buyers were not able to find a home that met their needs.
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Here’s a quick look at the numbers. Feel free to share this infographic.
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Data Source: Toronto Real Estate Board (TREB) Market Watch