Toronto
Sales
Houses: 1,109, ↓ 9% yearly
Condos: 1,242, ↓ 3% yearly
Average Price
Houses: ~$1.48M, ↓ 9% yearly
Condos: ~$707K, ↓ 4% yearly
New Listings
Houses: 2,598, ↑ 8% yearly
Condos: 3,396, ↓ 5% yearly
Months of Inventory
Houses: 3.7, ↑ yearly from 2.7
Condos: 5.7, ↑ yearly from 5.3
Toronto’s market is softening, with declining sales, moderate price decreases, and increasing inventory.
Toronto’s Housing Pipeline Surpasses 850,000 Units Milestone
Toronto's housing pipeline exceeds 850,000 units, but annual completions average only 17,000 to 25,000, revealing a significant gap between planned and delivered homes. Most units remain in early stages, with delays in approvals, financing, and...
