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.