According to the statistics released by Toronto Real Estate Board:
More details (source): http://www.thestar.com/business/real_estate/2013/04/03/toronto_real_estate_gta_housing_sales_slump_17_per_cent_in_march_but_prices_continue_to_climb.html
- home sales down 17% compare to last year same period
- home sales drop 14% overall in 2013 Q1
- average house price for the quarter was $519,879, up 3.2% from the first quarter of 2012
More details (source): http://www.thestar.com/business/real_estate/2013/04/03/toronto_real_estate_gta_housing_sales_slump_17_per_cent_in_march_but_prices_continue_to_climb.html