Market Watch - March 2019

Friday Apr 05th, 2019


March 2019 Market Watch

Data from the Toronto Real Estate Board reported 7,187 homes sold in March, just 1 sale less than reported in March 2018 (7,188), indicating a flat market.  Sales were not flat across all the GTA.  Sales in the suburbs were up by 5% while sales in Toronto were down by 9%.  The year-over-year drop in sales in Toronto could be blamed on the condo market which had sales drop 14%. March new listings were down by 5.1% year-over-year.

The average price for March sales was up by 0.5% to $788,335.  The average selling price for Q1 2019 was up by 1.1% year-over-year.  The inventory is limited.    

For more information on your area or for a free estimate of your property, please contact Otilia at 905.399.1154 or

In this video, Jason Mercer, Director of Market Analysis at TREB, discusses the Market Watch Report for March 2019.

Source:  Toronto Real Estate Board -

Real Estate Market Report for March 2019


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