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July 2022 Resale Market Statistics Released August 7, 2022 There were 4,912 home sales reported in July 2022 – down by 47% compared to July 2021. Following the regular seasonal trend, sales were also down compared to June. New listings also declined on a year-over-year basis in July, albeit down by a more moderate 4%. The expectation is that the trend for new listings […] Read More
Q2 2022 Condo Market Report Released August 1, 2022 The Toronto condo and loft market followed a similar trend to the housing market as a whole in Q2 2022. With 5,687 sales, the Q2 result represented a decline of 35.2% compared to Q2 2021. Over the same period, new listings remained flat at 14,316. With sales accounting for a lower share of listings, active […] Read More
June 2022 Resale Statistics Released July 24, 2022 Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 – down by 41% compared to last year’s strong result. The number of transactions was also down compared to May 2022, but this is often the case due to the seasonal nature of the market. The average selling price, at $1,146,254, […] Read More
Q1 2022 Toronto Condo and Loft Market Report May 10, 2022 Toronto condo and loft sales remained strong historically in Q1 2022. Seller’s market conditions remained in place with the average selling price increasing by more than 20% year-over-year. The Toromto Real Estate Board  reported 7,932 sales in Q1 2022 – a decrease of 15.6% compared to the record Q1 2021 result of 9,399 sales. Toronto […] Read More
Toronto March 2022 Resale Market Statistics Released April 6, 2022 There were almost 11,000 home sales reported in March 2022, capping off the third-best March and second-best first quarter on record. Tight market conditions continued to support a double-digit annual pace of price growth, with an average selling price of $1.3 million. The average selling price dipped slightly month-over-month, bucking the regular seasonal trend. Now […] Read More
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