Friday, May 7, 2010

Toronto Real Estate Stats


Browsing through the Toronto Real Estate Board Stats, Sales actually went up from March...who would of thought?

In April 10,898 Sales
in March 10,430 Sales

This is a marginal increase in sales.

Even the seasoned agents thought the market peaked in March and felt it was peaking? Why did they feel that? Because the amount of listings shot up from 18,684 (huge decrease from March 2009) in March to 22,951 in April (about the same as 2009).


Sales are still up, but it seems that with rates coming up and the strict mortgage rules the market should be dampened coming into the next quarter.

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