Toronto Regional Real Estate Board

Residential Activity

Sales Activity

Residential sales activity in the Greater Toronto Area slowed in the first quarter of 2022 compared to the first quarter of 2021.

Residential property sales numbered 25,683 units in the first quarter of 2022, a decrease of 23.4% compared to the same quarter in 2021.

Sales slowed 27.5% for single detached homes, were down 26.5% for semi-detached units, declined 19.4% for condominium townhouse units, and were down 15.6% for condominium apartment units compared to a year earlier in the first quarter.