This is the first time we have seen a decrease after 3 months of increases. Annual residential transactions have increased +28% compared to December last year. Although transactions dropped the last half of the year 2021 was a record setting year π₯ #MarketWatch#HousingNews
The amount of listings last month finally increased! Which means there is a silver lining after the scarce inventory from the previous months. Despite the drop in the last half 2021 was still a record year.
#GTA#TorontoHousing#HousehHunting#HomeBuyer#HomeSeller#Realtor
Selling prices went out with a bang for 2021 π₯ December saw the average selling price pick up drastically compared to the slow increase we were seeing over the last few months. On an annual basis house prices have been consistently rising each month. #RealEstate#TorontoLife