In Canada, one of Canada’s major cities, home sales rose in April. According to the figures, real estate sales increased by 17 percent in April.

According to the figures announced by the Toronto real estate board; In April 2018, home sales increased from 16.4 percent to 7.7 percent. In April 2019, this figure was recorded as 9.042 percent. On the other hand, home sales decreased.


“Growth in new listings is not keeping pace with sales,” Garry Bhaura, the board’s president, said in a statement.

Despite the increases in home sales, the price of private homes fell 1.3 percent last month to $ 1.018.147. The average price of 416 area code in Toronto remained the same as $ 1,355,764. 905 area code fell by 1.7 percent to $ 914,249.

In Toronto, semi-detached house prices rose by two percent to $ 808,796. Municipal houses increased by 1.6 percent to $ 655.994 rose. Apartment prices increased by 5.1 percent to $ 588,168.

The average selling price for all property types rose 1.9 per cent to $820,148, which the board said is “the highest rate of growth in more than a year.”

Source: canada.constructconnect.com

Sevdenur Demir / [email protected]