Supply remains an issue despite impace of higher mortgage rates. Some highlights of September 2022 realestate activity:
September Stats | 2021 | 2022 | CHANGE |
Total Transactions | 9,010 | 5,038 | – 44.1% |
Average Selling Price | $ 1,086,762 | $ 1,135,027 | + 4.3% |
Total new Listings | 13,494 | 11,237 | – 16.7% |
Following are the September sales in Greater Toronto Area’s major cities compared to the same month activity last year: Click to expand