Toronto Real Estate Market Update - February 2022 | Average Homes Price Increased By 27.7%

Toronto Real Estate Market Update - February 2022 | Average Homes Price Increased By 27.7%

Greater Toronto Area (GTA) REALTORS® reported 9,097 sales through the Toronto Regional Real Estate Board's (TRREB) MLS® System in February 2022, representing a 16.8 per cent decrease in the number of sales compared to February 2021. The supply of listings for low-rise home types (detached, semi-detached and townhouses) was also down year-over-year, but not by as much as sales. In the condominium apartment segment, particularly in Toronto, new listings were up in comparison to February 2021.

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Ishtiaq Ahmed
Broker
Century 21 Innovative Realty Inc. Brokerage
www.ishtiak.com
Ph: 416-999-6975

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