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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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April 2023 Toronto Resale Market Statistics Released
May 8, 2023
The Toronto condo and loft market continued to tighten in April 2023. On a year-over-year basis, sales edged lower compared to April 2022, but new listings were down by more than one-third. Fewer listings relative to sales meant there was more competition between buyers, supporting an improvement in selling prices since the beginning of this […]
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Q1 2023 Condo Market Statistics Released
April 29, 2023
In line with the general market trends, Toronto condo and loft sales and the average selling price were lower in the first quarter of 2023 compared to the same period in 2022. However, strong population growth, tight rental market conditions and improved first-time buying intentions will result in renewed growth in condo sales moving forward. […]
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Toronto Luxury Real Estate Report (2023)
April 20, 2023
LUXURY REAL ESTATE SALES CLIMB AS PENT-UP DEMAND BUOYS ACTIVITY Limited inventory has placed upward pressure on values and prompted a new round of competitive offers on well-priced homes in desirable areas Heated home-buying activity is spilling into luxury segments in major Canadian housing markets as supply constraints spark new rounds of competition. Much […]
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March 2023 Toronto Resale Market Statistics Released
April 5, 2023
Toronto condo and loft market conditions tightened in March 2023. Sales accounted for an increased share of listings in comparison to March 2022, suggesting that competition between buyers is on the rise. The average sale price was above the average list price for the first time since May 2022. As we moved through the first […]
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