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There were almost 11,000 Greater Toronto Area (GTA) home sales reported in March 2022, capping off the third-best March and second-best first quarter on record. Tight market conditions continued to support a double-digit annual pace of price growth, with an average selling price of $1.3 million.

The average selling price dipped slightly month-over-month, bucking the regular seasonal trend. New listings were also down on a year-over-year basis, but by a much lesser annual rate than sales. This suggests that while market conditions remained very tight, homebuyers did not experience the same level of competition from other buyers compared to a year earlier.

Contact me with questions as to how this impacts your buying or selling decisions!

Sam Chaim⁠ - Making A Difference For You!⁠
Re/Max Realtron⁠

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For an overview of the current Condo market, contact me today & let me share what I know.

This may represent an amazing and opportune time for right sizing your home or for investment.

Let me show you what to expect from the market. Don’t wait for spring to bloom.

Prices will continue to rise and this may be your best chance to make your move into this growing segment while interest rates are at historic-low levels!

Send me a message and let’s make a plan today!

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