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August 2019 Market Stats

07 September 2019

7,711 home sales were reported through the Toronto Real Estate Board MLS in August 2019, representing a 13.4 per cent increase over August’s 2018 results. Detached home sales in the 905 area showed the most significant increase of all property types with a 24.5 per cent rise year-over-year. The federal government’s First-Time Home Buyer Incentive (FTHBI) that came into effect on September 2 may add further momentum, as the 905 area is anticipated to be a more likely beneficiary of the program than the 416 area. Total Active Listings continue to be an important part of the story with a drop of available inventory across the board of 11.16 per cent from last year. The 416 area had under 30 per cent of the 15,870 Active Listings reported by TREB for August, indicating that the 905 is heating up faster than the City.


July 2019 Market Stats

07 August 2019

8,595 home sales were reported through the Toronto Real Estate Board MLS in July 2019, continuing the trend of improved year over year sales with a 24.3 per cent jump from the same month a year earlier. The average selling price for all home types combined was up by just over 3 per cent over the same period and continues to be driven by higher density home types. On average, single detached home prices remained lower than last year’s levels in the 416 area but had a modest increase of 2.5 per cent in the 905 region.


June 2019 Market Stats

06 July 2019



May 2019 Market Stats

07 June 2019

May 2019 sales highest in 17 months

9,989 home sales were reported through the Toronto Real Estate Board MLS in May 2019, soaring almost 19 per cent from the same month a year earlier. May sales were the highest on a seasonally adjusted basis since December 2017 - up roughly 10 per cent from April which had a 16.8 per cent jump in year-over-year sales. The average selling price for all home types combined was up by 3.6 percent over the same period. Lack of supply, however, continues to be an ongoing concern as year-over-year growth in new listings at just under 1% was significantly outpaced by sales.