Across the Toronto region, sales climbed 20 per cent. The number of sales may have been hampered by a shortage of listings, particularly in the $1 million to $2.5 million price range, said Sotheby’s. It’s moving away from what people might have thought was a buyers’ market,” he said. That is a 35 per cent increase in sales in the Toronto region and 50 per cent above last year in the City of Toronto. Re/Max reported that entry-level detached houses priced between $600,000 and $900,000 also saw 22 per cent sales growth since June.

Source: thestar September 26, 2018 09:11 UTC