US EditionLocal real estate sales plummet 14% year over year
- In April 2025, the number of properties sold across the Toronto Regional Real Estate Board’s jurisdiction declined by 23.3 percent compared to the previous year, totaling 5,601 transactions.
- This decline followed ongoing economic uncertainty and a recent federal election, with many households monitoring the Canada-U.S. Trade relationship.
- New listings rose 8.1 percent to 18,836 properties while active listings increased 54 percent to 27,386, and the average selling price fell 5.4 percent to $1,107,463.
- TRREB president Elechia Barry-Sproule noted that if trade relations between Canada and the U.S. Improve, an increase in home sales may result from enhanced consumer confidence along with a more affordable and well-supplied market.
- Prices dropped for the third consecutive month and the market may remain soft until economic confidence stabilizes, suggesting a slow housing rebound ahead.
29 Articles
29 Articles
GTA home sales fell more than 20% in April, real estate board says
Home sales in the Greater Toronto Area were down 23.3 per cent in April amid continued uncertainty over the economy. The Toronto Regional Real Estate Board said 5,601 homes were sold last month, compared with 7,302 in April 2024, while sales were up 1.8 per cent from March on a seasonally adjusted basis.
Toronto-Area Home Sales Fall in April as Buyers Wait out Trade Uncertainty: Board
Home sales in the Greater Toronto Area were down 23.3 percent in April amid continued uncertainty over the economy. The Toronto Regional Real Estate Board said 5,601 homes were sold last month, compared with 7,302 in April 2024, while sales were up 1.8 percent from March on a seasonally adjusted basis. The board said 18,836 new properties were listed in the GTA last month, up 8.1 percent compared with last year. With inventory continuing to rise…
castanet.net
Toronto-area home sales fall in April as buyers wait out trade uncertainty: board
Home sales in the Greater Toronto Area were down 23.3 per cent in April amid continued uncertainty over the economy. The Toronto Regional Real Estate Board says 5,601 homes were sold last month, compared with 7,302 in April 2024, while sales were up 1.8 per cent from March on a seasonally adjusted b...
Toronto-area home sales fall in April as buyers wait out trade uncertainty, real estate board says
The Toronto Regional Real Estate Board says 5,601 homes were sold last month, compared with 7,302 in April 2024, while sales were up 1.8% from March on a seasonally adjusted basis
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