Greater Toronto Area Housing Slowing Down

Rick Taylor February 16, 2018 Press Release, Overseas Moving, Local Moving

Greater Toronto Area Housing Slowing Down

The month of January 2018 saw 4019 residential homes sold a decrease of 22% from January 2017's 5155 homes.

Listings increased to 8558 indicating properties are not moving as quickly.

As far as prices go the condo market continues to lead the way. Detached home prices were actually down 4.1% to $736,783 while condos were up 5.2%.

It will be interesting to see how the market does for the rest of 2018.

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