September 2018 Market Report

Via TREB. View the full report here.

Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 6,455 sales through TREB’s MLS® System in September 2018 – up 1.9 per cent compared to September 2017. The average selling price for September 2018 sales was up by 2.9 per cent over the same period to $796,786. The MLS® HPI composite benchmark price was up by two per cent year-over-year.

New listings entered into TREB’s MLS® System in September 2018 amounted to 15,920 – down by 3.1 per cent compared to September 2017. 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.

 

Roland Brunner
roland@blueelephantrealty.com
Loading Facebook Comments ...
No Comments

Post A Comment

Stay in the real estate loop!

 

Join thousands of Torontonians who receive our real estate updates including hand selected listings, exclusive opportunities and insider real estate news.