17 Jun

May 2016 Toronto Residential Real Estate Market Report

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May 2016 Toronto Residential Real Estate Market Report – Toronto Real Estate For Sale

Toronto Real Estate Board reported strong results of home sales in May 2016

– 12,870 transactions reported in May 2016
– The year-over-year growth rate for sales was 10.6 per cent for May 2016
– The average selling price for all home types combined was up 15.7 per cent year-over-year in May
– The average selling price for all home types was $751,908
– Average days on the market 15

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