Greater Toronto Area - New Listings - Monthly Trends - August 2011
The number of new listings over the year has seasonal trends as shown by the chart below which tracks new listings in the Toronto Real Estate Board MLS® system from January 1995 to August 2011. In general, the number of new listings during December tends to be the lowest during the year, while listings in the spring /summer tend to be at the highest levels. New listings during 2009 were lower than in recent earlier years due to conditions in the financial market.
The number of listings in more recent years compared to older years in the chart are partly explained by the substantial increase in housing stock in the Greater Toronto Area due to increased building due to the increases in population over the years.
Greater Toronto Area - New Listings - Monthly Trends - August 2011
Comments(3)