May 2020

May 2020 - Market News

Posted on May 31, 2020

The residential resale market recovered dramatically from the lows experienced in April. In April only 2,975 properties were reported sold for the entire greater Toronto area. A typical April market would produce 9,000 plus sales. April’s decline compared to April 2019 was a shocking 67 percent. 

In May the resale market demonstrated its resiliency...

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