December marked the end of a strong seller’s market year in the Greater Toronto Area, with demand consistently outstripping supply. We reached historic records in the GTA for the number of sold homes and average sold prices. A total of 121,712 sales were reported this year, the highest on record. We reached an all-time high average selling price of $1,095,475
In December, the number of transactions in the GTA was 6,031, a 15.7% decrease compared to the record of 7,154 set in December 2020 |