August 2022 Market Stats – GTA

Prices Stabilize, A Long Term Supply Crisis Looms & An Affordability Analysis That Might Surprise You

In August, sales activity volume remained below average. 5,627 homes were sold in the GTA in August, which is a 20-year sales volume low and 34.2% lower than last August, but represented 15% more sales than we saw in July, a jump which is atypical for this time of year and may signal an early start to the fall market...READ MORE