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Thomas Cook
Thomas@LivingInToronto.com
647-962-1650
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Toronto Real Estate Market Report Updates
December sales were -2% below last year as we lost the momentum of the Oct/Nov markets. 2024 had the 2nd lowest number of annual sales in the last 12 years – 2023 was the lowest. Read more…
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.