Greater Toronto Home Sales Down in April but New Listings Surge: Board

Greater Toronto Home Sales Down in April but New Listings Surge: Board
A home is shown for sale in Toronto’s West End on July 15, 2023. The Canadian Press/Graeme Roy
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The Toronto Regional Real Estate Board says Greater Toronto home sales in April were down five percent from last year, but new listings surged, which created more choice for buyers and kept prices stable.

The board says 7,114 homes changed hands in the month compared with 7,487 last year, noting April 2023 saw a temporary resurgence in market activity that led to a sales boost.