How has the COVID-19 pandemic affected the value of your home?
The Toronto Regional Real Estate Board says it's too soon to know the full impact but overall, prices continued to climb in March.
The average price of a detached home in Toronto was over $1.46 million, up 15.4 percent over the same month last year.
Condo prices in Toronto climbed 18.1 percent to an average of $712,746.
Still, the agency is warning home owners the numbers may not show the full effect of the pandemic.
"Sales figures for April will give us a better sense as to the trajectory of the market while all levels of government take the required action to contain the spread of COVID-19,” said TRREB President Michael Collins in a news release.
Perhaps unsurprisingly, the number of homes sold dropped in the second half of March.
TRREB says the first two weeks of the month saw an increase of 49% over the same time last year. However, sales were down in the second half of the month by 15.9 percent.
They expect that if COVID-19 infections peak in the spring and social distancing measures start to loosen mid to late summer, demand for homes could bounce back through fall and into winter.