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.
Home sales data for 1st month of the HST rebate window is out. Here’s what the numbers show
In April, 1,100 new homes sold in the GTA, nearly triple last year's 384, driven mainly by a rise in single-family home sales (901 vs. 241). Condo sales increased to 199 from 143. The HST...