January 2022 Market Update

Monday Jan 17th, 2022

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Toronto Real Estate

The Toronto Area Real Estate Board (TRREB) has just released fresh statistics, and it was a record-breaking year for property sales in the GTA. With 121,712 MLS System transactions recorded, total sales increased 7.7 percent from the previous high set in 2016 and were up 28% compared to 2020. The lack of inventory was the year's housing story. Despite an increase of 6.2% in new listings, they were unable to keep up with record demand, resulting in an all-time high average selling price... [read more]

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Terms of Use & Privacy

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Terms of Use

  • This representation is based in whole or in part on data generated by the Real Estate Board/Website Administrator which assumes no responsibility for its accuracy. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
  • All MLS® data obtained from this Virtual Office Website ('VOW') is intended only for your personal, non-commercial use.
  • You have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered through this VOW.
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Privacy

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