Total Residential Transaction; +160.1% in May 2021 compared to last year

Total Residential Transaction; +160.1% in May 2021 compared to last year
Total Residential Transaction; +160.1% in May 2021 compared to last year

Greater Toronto Area REALTORS®️ reported 11,951 sales in May 2021 – more than double the result from May 2020, the second full month of the pandemic. May 2021 sales were below the May 2016 record of 12,789 but remained well above the average May sales of 10,336 for 2010 through 2019 period.

Often, May is the strongest sales month in any given year; however, 2021 results bucked this trend, with May sales below the 15,646 deals reported in March.

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