Despite a continued weak inventory situation, the TorontoMLS® system achieved record sales for the month of May. A total of 11,706 transactions occurred in May, up by a solid 6.3% versus the 11,013 units sold in May 2014 (which was the previous record total for the month). In fact, May sales set an all-time record for monthly sales for any month of the year, eclipsing the previous record of 11,303 which was set just last month. All four major market segments recorded year-over-year volume increases.

Irene Love