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 Buyers Enjoy More Choices as Prices Adjust
Toronto real estate shows slow improvement with June sales rising 8.4% to 6,770 units, the best June in three years but still 23.6% below 2019 levels. Home prices fell 0.6% to $940,800, down 5.4% from...
