Toronto Real Estate Market Update | April 2023

Wednesday May 31st, 2023

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Let's talk about Toronto Real Estate!

 

The housing market experienced further tightening last month. The average price increased by four percent in April as compared to March to $1,153,269, and sales volume approached similar levels recorded in April last year.

 

Total sales outpaced new listings, which were down by over a third year-over year, fuelling more competition between buyers who were hesitant to buy homes in Q1.

 

Click below to watch Alex as he goes over the April stats in more detail.

 

If you want to know more about what’s going on in your neighbourhood or one you’re interested in, book a time to chat - we’re here to help.

 

Alex + Elaine

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