​​

Spring market momentum is building across the GTA and Durham Region

April brought increased sales activity, steady inventory and growing buyer confidence as the Bank of Canada continued to hold rates steady at 2.25%. 

Durham Region home sales saw a strong jump month-over-month, alongside a slight increase in average sale prices and a rise in new listings. Across the GTA, sales were also up year-over-year while listings declined, creating more competition in some neighbourhoods. 

Key trends this spring:
• More buyers returning to the market
• Stable inventory levels creating balanced conditions in some neighbourhoods 
• Improved affordability compared to last year