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Summary of Greater Toronto Area Real Estate Market in May 2022 based on the TRREB MLS sales data for April 2022. A price reduction of 3.5% was observed across the Greater Toronto Area in this past month of April. Overall the prices are moving towards saturation and this is largely attributed to unusual and quick successive increases in the rates by the Bank of Canada. Market moving towards a saturated and balanced market bringing both buyers and sellers at the same level. For a reading of the complete summary please visit: https://mailchi.mp/elixirrealestate.c... www.ElixirRealEstate.ca Subscribe to our GTA Monthly Market Update and get it delivered directly to your inbox: https://bit.ly/Elixir_Monthly_Update_... Our Team at ELIXIR Real Estate is committed to providing you with Premium Real Estate Services. At ELIXIR our team members proudly confirm our core values of Respect, Integrity, and Competency, keeping the interests of our clients at the forefront and doing the very best for them, and helping them in achieving their listing, buying and investment goals. Mudit Mehta Broker of Record (ELIXIR Real Estate) Director (Brampton Real Estate Board) ELIXIR REAL ESTATE INC. off. 416-816-6001 | dir. 416-727-0264 Four Pillars of Home Buying: https://bit.ly/FourPillarsofHomeBuying Home Pricing for Sellers: https://bit.ly/HomePricingforSellers Navigating Multiple Offers: https://bit.ly/NavigatingMultipleOffers Understanding Home Equity Line of Credit: https://bit.ly/UnderstandingHomeEquit... Home Buying Guide: https://bit.ly/HomeBuyingGuideComplet... Condo Vs Freehold Ownership: https://bit.ly/CondoVsFreehold