Residential sales activity in the Toronto area rose in the fourth quarter of 2019 when compared to the fourth quarter of 2018.
Residential property sales numbered 19,980 units in the fourth quarter of 2019, accelerating 14% when compared to the same quarter in 2018.
Sales rose 22.1% for single detached homes, were up 7.7% for semi-detached units, were up 19.3% for condominium townhouse units, and were up 3.8% for condominium apartment units when compared to a year earlier in the fourth quarter.
Annually, residential property sales numbered 88,223 units in all of 2019. This was up 12.4% when compared to the 78,477 units recorded in 2018.