The latest home sales reports show housing demand continued to rise in October, mainly due to a surge in the detached property market.
A report (pdf) released by the Toronto Regional Real Estate Board (TRREB) said home sales have been on the rise in the Greater Toronto Area for the fourth consecutive month. On a year-over-year basis, 10,563 houses traded hands in October 2020, marking a 25.1 percent increase compared with the 8,445 transactions made in October 2019.
