GTA saw fewest real estate sales in 23 years in 2023 – Caledon Enterprise

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The real estate market in Canada’s biggest city and the communities surrounding it posted the fewest real estate sales since the turn of the century.


Graph showing total annual residential real estate sales in Toronto and the GTA between 1996 and 2022.

In its final market update for 2023, the Toronto Regional Real Estate Board (TRREB) reported a final 2023 sales tally of 65,982 sold across Toronto and the Greater Toronto Area (GTA) last year. That marked the lowest number of real estate transactions since the year 2000’s annual total of 58,343 sales.

Buy/sell, rent/lease residential &
commercials real estate properties.



Graph showing combined average sale price for all dwelling types in the GTA between January 2022 and December 2023.

GTA price table-All types-Dec2023

Table showing how much the average price for real estate in the GTA has fallen since housing prices peaked in February 2022 in all markets monitored by TRREB.

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