Ontario Real Estate Association Report for April 2016

[OREA Insights] Ontario home sales set new April record

Ontario home sales set new April record
Highlights
  • Residential sales up 8.4% in April 2016 compared to a year earlier.
  • New listings in Ontario numbered 37,633 units in April 2016, a decrease of 10.6% compared to last year.
  • The provincial average price of homes in April 2016 rose 12.1% compared to a year earlier.
  • There were 2 months of inventory at the end of April 2016.
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