May 2023

CREB®'s Q1 2023 Housing Market Report

Posted on May 02, 2023

 

CREB®'s Q1 2023 Housing Market Report

 Sales activity has behaved as expected through the start of 2023 and slowed by 43 per cent over last year’s all-time record-high performance in the first quarter. The steeper decline in the first quarter was expected, given the surge in sales last year, as purchasers were eager to enter the market ahead of exp...

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Prices reach new record high

Posted on May 02, 2023

 APRIL 2023 HOUSING MARKET UPDATE

MAY 1, 2023
 

Prices reach new record high

 Persistent sellers’ market conditions placed further upward pressure on home prices in April. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two per cent higher than last month and a new monthly record high for the city...

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