TREB has reported that a total of 77,426 residential transactions were processed by TREB's MLS® System in 2018. This represents a 16.1% drop in sales reported in 2017. The Toronto Real Estate Board also noted that total new listings entered into TREB's MLS® System were down by 12.7 per cent over the same period to 155,823.

Although the average price was up slightly, this is attributed to an increase in price of sales of condominium apartments within Toronto.

For more information, see the TREB news release

If a slowing market is making you consider your options, contact us to see how we can help!