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Toronto Real Estate Board May 2020 Marketwatch Report
The month of May saw a slight improvement in the market over April. There were 4,606 sales in the month of May which was a drop of 53.7% compared to May 2019 but better than the decline of
67.1% in the month of April. Sales for May were up dramatically from April - an increase of 53.2% month-over-month.
New listings for the month were 9,104 a drop of 53.1% compared to 19,394 for May 2019 but up 47.5% month-over-month.
Average sale price in May was up 3% to $863,599 from $838,248 in 2019.
Average days on the market were up to 32 days from 27 days in 2019 being a drop of 18.5%.
For the full May Marketwatch Report, click below.