Toronto- The Toronto Real Estate Board says Home sales hit a record for April with prices higher compared to last year.
The Toronto Board says Home sales totaled 12,085 for April, up 7.4% compared to the same month last year.
The average resale Toronto Home Price(All types) was $739,082, increasing 16.2% year over year.
Competition between Toronto Home buyers remains very competitive due to a lack of new listing and the ever-increasing average resale Home price.
Active Toronto MLS Listings were down -26.9% and new Toronto MLS listings dropped -9.9% compared to April 2015.
Pictured Above: Distillery District Condos For Sale
Iris Li is a Toronto Condos Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.