In March 2021, the real estate market hit a record of 15,652 sales across the Greater Toronto Area through TRREB MLS system, nearly double sales of March 2020. The average selling price keeps on arising to close nearly $1.1M; up by 21.6% compared to same period 2020. The consistent growth in most of urban and sub-urban areas remains favourable at low borrowing cost, the continued supply-demand imbalance, the buyers with optimistic economic forecast and the secure way to protect their money values.
A stay-at-home order again has been started since 8 April 2021. Below are the 3740 sales and 1875 sales of houses and condos respectively recorded from 1 April to 13 April 2021. It is believed that the sales pace gets a bit slow down, not quick selling home, impacted by less showings during the current covid-19 "3rd wave".