GTA home sales up 362% since last April, but market is starting to slow
April delivered a record number of home sales for the Greater Toronto Area, but the market is starting to slow from the intense pace seen earlier this year, the Toronto Regional Real Estate Board said Wednesday.
The Ontario-based board revealed 13,663 homes were sold in the region last month, a 362% increase from the 2,957 properties sold during the prior April, which was the first full month of the Covid-19 pandemic.
Original Article Source Credits: Advisor's Edge , https://www.advisor.ca/
Article Written By: Tara Deschamps, The Canadian Press
Original Article Posted on: May 5, 2021
Link to Original Article: https://www.advisor.ca/news/economic/gta-home-sales-up-362-since-last-april-but-market-is-starting-to-slow/