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Toronto Condo and Loft August Resale Statistics Released
September 13, 2023
Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer Toronto condo and loft sales in August 2023 compared to August 2022. The average selling price remained virtually unchanged over the same period. On a seasonally adjusted monthly basis, sales and average […]
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July 2023 Toronto Condo and Loft Resale Market Statistics Released
August 7, 2023
Toronto condo and loft sales, new listings and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, the market experienced more balance in July compared to June, with sales trending lower while new listings were up. Toronto condo and loft sales continued to be above last year’s […]
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Q2 2023 Toronto Condo and Loft Market Statistics Released
July 20, 2023
Market conditions in the Toronto condo and loft market segment tightened markedly in the second quarter of 2023. Sales were up strongly on a year-over-year basis, whereas the number of new listings was down sharply. With more competition between buyers, average Toronto condo and loft selling prices should climb above last year’s levels in the […]
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June 2023 Toronto Condo and Loft Resale Market Statistics Released
July 12, 2023
Toronto condo and loft sales and the average selling price in the Toronto Condo and Loft Market in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. The seasonally adjusted average selling price and the MLS® Home Price Index (HPI) Composite benchmark were up compared to the previous month. […]
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May 2023 Toronto Condo and Loft Resale Market Statistics Released
June 4, 2023
The Toronto condo and loft market continued to improve from a sales perspective in May 2023. Unfortunately, the supply of units for sale did not keep up with demand. Sales as a share of new listings were up dramatically compared to a year ago. This is a clear signal that competition between buyers increased substantially […]
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