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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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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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