November sales ↓ 15.8% YoY to 5,010 units
Avg. price still > $1M, but ↓ 6.4% YoY
New listings ↓ 4%, active inventory ↑ 16.8%
Condo sales ↓ 21.7% across GTA; all property types down
Strong jobs data may revive optimism, but market recovery needs clearer long-term certainty.
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...