The PSR Market Report | October 2018

Despite the rise in interest rates recently, Toronto and the GTA as a whole has seen an overall positive trend in both number of sales (up by 6% year-over-year) and average price, which is up a healthy 3.5% from the same time in 2017. With an expectation of a few more rate hikes in the coming year, coupled with current regulatory requirements, it will be interesting to see how the market reacts.
Here is our October 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.