April 2023 Real Estate Report
Tags: TORONTO REAL ESTATE, MARKET UPDATE
APRIL 2023 IN REVIEW
GTA REALTORS reported 7,531 sales through TRREB’s MLS System in April 2023 – down by 5.2% compared to April 2022. In comparison to March 2023, sales increased on an actual and seasonally adjusted basis.
On a year-over-year basis, new listings were down by 38.3% in April 2023.
The average selling price in the GTA was $1,153,269 in April 2023 – down 7.8% compared to $1,250,704 in April 2022. The average selling price also increased compared to March, both on an actual and seasonally adjusted basis.
If you have any questions or would like to find out if it's the right time for you to buy or sell, don't hesitate to give me a call or text at 647-522-9057 or send me an email to jesse@jessejenish.com.
