Now, more than ever, Real Estate activity is shaping with economic conditions, interest rates, population growth, and government policies. Some highlights of December 2022 real estate activity:
December Stats | 2021 | 2022 | CHANGE |
Total Transactions | 6,013 | 3,117 | – 48.2% |
Average Selling Price | $ 1,157,837 | $ 1,051,516 | – 9.2% |
Total new Listings | 5,177 | 4,074 | – 21.3% |
Following are the actual sales numbers in December Greater Toronto Area’s major cities compared to December 2021 sales activity: Click to expand