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REAL ESTATE MARKET UPDATE: AUGUST EDITION

REAL ESTATE MARKET UPDATE: AUGUST EDITION

 

8,595 home sales were reported through the Toronto Real Estate Board MLS in July 2019, continuing the trend of improved year over year sales with a 24.3 per cent jump from the same month a year earlier. The average selling price for all home types combined was up by just over 3 per cent over the same period and continues to be driven by higher density home types. On average, single-detached home prices remained lower than last year’s levels in the 416 area but had a modest increase of 2.5 per cent in the 905 region.

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August 2019 Edition: Real Estate Market Watch