September had virtually the same number of buyers as August while our active listing inventory increased +13% in the same timeframe.

August brought us more of the same-o, same-o market we've seen for months this year. Not only did we see the lowest overall sales number since 2000, but sales of condominium units (both townhouses and high-rises) were the lowest since 2002.

The July Toronto / GTA real estate market continued in the doldrums with the lowest overall sales since 2008. The month's average sale price was the lowest since January of this year as well.

June was another slow real estate market in Toronto with -2% decline in the year-over-year average sale price for the second month in a row.

With active listing inventory up by 83% over May 2023, and the second lowest sales for the month in the last 23 years, the Toronto real estate market is hurting... for sellers at least.