January 2021 Real Estate Market Report
Tuesday Jan 12th, 2021
Here is your January Real Estate Market Report
The Toronto Regional Real Estate Board (TRREB) has posted the sales figures for December, and for a sixth consecutive month, sales of residential property in the GTA have set a monthly record. The 7,180 sales reported through the MLS System make it the most active December in history, with a 64.5% increase over December 2019.
Total sales for 2020 came in at 95,151. This is 8.3% over 2019, and is the third best result on record. This is a remarkable fact given the steep Covid-induced drop-off that halted market activity from March through May.