Sales in the Toronto region fell 16 per cent to 77,426 transactions in 2018 while the average price fell 4.3 per cent to $787,300 (Canadian), the Toronto Real Estate Board reported Friday. In Vancouver, full-year sales fell 32 per cent to 24,619, the lowest since 2000 and 25 per cent below the 10-year average. House sales in the Toronto region fell 16 per cent to 77,426 transactions in 2018. Vancouver sales continued to suffer even while Toronto began to recover in the second half, as the British Columbia government introduced more measures to deter speculation. In December, Toronto sales fell 23 per cent to 3,781 from the same month in 2017.

Source: thestar January 04, 2019 12:56 UTC