US EditionLocal real estate sales plummet 14% year over year
- Residential property transactions across the Toronto metropolitan region dropped by 23.3 percent in April 2025, with 5,601 units changing hands according to the Toronto Regional Real Estate Board.
- This decrease occurred amid persistent economic uncertainty and follows a seasonally adjusted 1.8 percent rise in sales compared to March.
- The GTA saw 18,836 new property listings in April 2025, an 8.1 percent rise from last year, while active listings grew 54 percent to 27,386 units.
- TRREB president Elechia Barry-Sproule reported that the average price for homes sold fell by 5.4 percent year-over-year, reaching just over $1.1 million, while the composite benchmark price, which reflects a typical property, declined by 4.1 percent compared to the previous year.
- Elechia Barry-Sproule stated that improved Canada-U.S. Trade, higher consumer confidence, and a more affordable, better supplied market could boost future home sales.
24 Articles
24 Articles
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…
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
Toronto-area home sales fall in April as buyers wait out trade uncertainty: board #Canadian #Canada #CDNEcon #CDNNews #Economy
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 basis. The board says 18,836 new properties were listed in the GTA last month, up 8.1 per cent compared with last year. TRREB president Elechia Barry-…
Coverage Details
Bias Distribution
- 67% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
