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Market update week ending June 9th

09 July 2021
Eileen Wylie

The Toronto housing market remains strong but are we heading towards a normal market? June home sales were up 28% compared to last year but remained below the March 2021 peak and were lower than the number of transactions reported for May, consistent with the regular seasonal trend. The average sale price in June was up 17% compared to last year coming in at $1,089,536.

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Market update week ending June 25th

05 July 2021
Eileen Wylie

Is the real estate market slowing down? We are getting asked that question a lot these days. A summer slowdown is normal for the real estate market as we transition from the intensity of the spring market into the summer market, and this shift happens almost every year. Last year was different because we experienced the spring market in June and July because of the pandemic lockdown.

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