Record Number Of New Detached Listings in Toronto

New detached listings are hitting the market at a much higher rate than usual.

April saw 11,863 new detached listings, a more than 50% increase from the same month last year. Last month saw 9,012 new listings, which was also an increase of 28% from the same month last year.

Both numbers are higher than any monthly year over year increase observed in the past 5 years.
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