With sales up year-over-year and new listings down, market conditions became tighter. Many buyers may have found it more difficult to find a home meeting their needs. As the GTA population continues to grow, the real challenge in the housing market will be supply rather than demand. Issues affecting housing supply will be of high importance as we move towards municipal elections.
Here is our September 2018 Market Report, a quick resale housing market analysis with key stats for Toronto + the GTA.
>> Don’t forget to check out the complete monthly Toronto + GTA Resale Housing Market Figures report released by TREB for a comprehensive breakdown of all statistics recapped in our monthly market review.