➕‘the numbers’ for September are in - and #torontorealestate once again realized strong growth in a number of key market indicators resulting from improving economic conditions, low borrowing costs, and pent up demand.  Of particular note, new listings were up +49% vs. September 2019, and the year-over-year gain in average price is up +12% vs. September 2019, and finally sales were also up +19%.  Looking to buy a home in Toronto?  Average prices in September were as follows:

➕Detached  $1,487,122
➕Semi-detached  $1,145,559
➕Townhouse $868,005
➕ Condo $686,191
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Data presented is for City of Toronto Only.

📍‘The Numbers’ for August are in - and #torontorealestate realized record growth in a number of key indicators.   Of particular note, new listings almost doubled at +98% vs. August 2019, and the year-over-year gain in average price is up +24% vs. August 2019, and sales are up +15%.  Looking to buy a home in Toronto?  Average prices in August were as follows:

🅾 Detached  $1,505,100
🅾 Semi-detached  $1,166,226
🅾 Townhouse $834,222
🅾 Condo $673,174

The Numbers for June are in and #torontorealestate has realized substantial growth in a number of key indicators.  Sellers have returned to the market with new listings up 14% vs. June 2019.  Of particular note is the year-over-year gain in average price, up +12% vs. June 2019 - largely driven by semi-detached and detached sales. With 2 months of sustained month-over-month growth behind us, we predict a busier than usual summer market.

The Numbers for May are in  + a cautious path to market recovery has emerged. We’re beginning to see buyers + sellers coming back into the #torontorealestate market.  Though he number of sales + new listings in Toronto continue to be down vs. May of 2019 - both have increased 40-45% vs. last month.  Interestingly, prices continue to hold + show reasonable gains vs. last year - largely attributed to the low levels of inventory.  We know that 1 month does make a trend, however given our office activity, we’re expecting June to show continued growth!

The Numbers for April #TorontoRealEstate are in + to the surprise of no one the number of sales in Toronto, similar to the GTA, have drop significantly in April. Interestingly, prices have not seen the same rate of decline, as the current demand from buyers is consistent with the current supply of listed properties.  See below for more information