The number of transactions for the first two weeks of April, 2012 increased an average of almost 7% in comparison to the same period in 2011. Greater Toronto REALTORS® reported 4,557 transactions through the Toronto MLS system during the first two weeks of April, 2012. Market conditions tightened compared to last year over the same p...eriod based on the number of new listings which grew over the same period, but at a rate lesser than the annual rate in the numbers of sales.
The average selling price was up by 5% during the first two weeks of April 2012, compared to the same period last year. The annual price growth rate was higher in the regions surrounding the GTA.