Carol Tong-Choi Broker

Carol Tong-Choi Broker

REAL ESTATE Jul 4, 2019 Toronto housing market heats up in June: Sales jump 10%, listings fall

Canada's largest housing market registered another month of double-digit sales gains in June, while deteriorating inventory helped push prices higher.  There were 8,860 property transactions across the Greater Toronto Area in June, representing a 10.4 per cent increase from a year earlier.Meanwhile, total active listings fell almost six per cent in the month.  The combination of rising sales and fewer homes on the market helped lift the average selling price three per cent to $832,703.

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