May 2023 Market Update

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Toronto & GTA

New listings in Toronto & GTA were down 18.7% compared to May 2022.

Sales have increased 5.2% month over month from April 2023.

The average selling price at $1,196,101 is down 1.2% from May 2022 , up by 3.5% month over month from April 2023.

Caledon

Bolton

Muskoka

While 2022 showed faster turnaround month to month the prices are remaining fairly consistent and not showing huge drops year over year.


Have you been thinking about moving? Do you wonder if now is the right time to buy or sell? Wondering what your home is worth today with the shifting real estate market? Perhaps you’ve been searching for that one of a kind property, but just can’t find it?

We can help answer your questions, provide you with a free no-obligation Home Valuation and help you find that perfect property.

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