➕‘the numbers’ for June are in and It was another solid month for Toronto Real Estate.   The number home sales were +37% vs. June 2020, though they remained below the peak realized this past March, and lower vs. May 2021 - indicating signs of a return to regular seasonal market trends.   Market conditions remained tight with sales growth outpacing the growth in new listings.  As a result,  Toronto realized an increase in the average selling price in June to $1,079,749 [+6% vs. June 2020].  

Selling prices for all major home types remained strong with average selling prices for detached houses [+12%], semi-detached houses [-2%], townhouses [+10%], and condos [+7%] vs. June 2020.  

To quote new TRREB President Kevin Crigger “We have seen market activity transition from a record pace to a robust pace over the last three months. While this could provide some relief for home buyers in the near term, a resumption of population growth based on immigration is only months away.”

Looking to buy or sell a home in Toronto?  Average prices in June were as follows:

➕Detached  $1,699,881
➕Semi-detached  $1,267,044
➕Townhouse $941,474
➕ Condo $717,466

Charming Sunnylea Bungalow! Impeccably maintained detached brick bungalow w/ private drive + garage.  Classic updated kitchen with quartz countertops + stainless appliances.    Generous sunroom overlooking expansive backyard oasis.  Separate entrance to basement.  Conveniently located in prime Sunnylea with TTC bus at the corner. Minutes to Humber River parkland, cycling trails, QEW/427, Royal York subway, schools, local Kingsway retail + restaurants.  ​

Don’t Miss This Opportunity! Highly sought 2 bed+den, 2 bath unit in the “Ice Condo” with bright north-west light + a CN Tower view right from the living room window wall. Enjoy the flexible open concept live-dine layout with hardwood floors + 9ft ceilings throughout.  Live in the heart of Toronto with resort style amenities [indoor pool, hot tub, sauna, steam room, gym] and the Rogers Centre, Scotiabank Arena, waterfront + restaurants at your doorstep.

➕‘the numbers’ for May are in. It was another strong month for Toronto Real Estate, but remained slightly below the peak realized this past March.  Despite the off-peak sales numbers, the market conditions remained tight enough to pushed the average selling price in May to $1,116,736 - an all time record. 

​Competition for the current housing inventory has strengthened resulting in upward widespread pressure on prices across all market segments, including condominiums.

Selling prices for all major home types remained strong with pricing with increases in average selling prices for detached houses [+21%], semi-detached houses [+16%], townhouses [+19%], and condos [+6%] vs. May 2020.

Looking to buy or sell a home in Toronto?  Average prices in April were as follows:

➕Detached  $1,716,272
➕Semi-detached  $1,326,153
➕Townhouse $945,893
➕ Condo $716,976

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Data presented is for City of Toronto only.   Source: Toronto Regional Real Estate Board

An oasis in the city!

Backing onto Eglinton park, this beautiful + updated family-sized home is ‘move-in ready’ + more! The entire family will enjoy the private backyard w/ mature trees, large deck, sports court + playhouse. Inside - a bright open concept main floor, generously-sized bedrooms, finished 3rd floor attic + ample storage.  N. Toronto Rec. Centre at your doorstep.  Steps to desirable Yonge & Eg, subway + future LRT.  Allenby school nearby.