The PSR Market Report | February 2019

Here is our February 2019 Market Report, a quick resale housing analysis with key stats for Toronto + the GTA

Despite sales being down year-over-year, new listings actually declined by a greater annual rate. This suggests that market conditions became tighter compared to last year. These tighter market conditions continue to support year-over-year average price growth.

With sales substantially lower than the 2016 record peak over the last two years, we have experienced a hit to the economy in the billions of dollars, in the GTA alone.

*Stats via @treb