Year-over-year, there was a 45% increase in new listings, and a +4% increase in average home prices in the City of Toronto. Home sales volume across detached, semi-detached and condo apartment segments remained even from the same time last year. Notably, sales volume for the GTA was down -7.1% in that same period, demonstrating stronger demand in the 416.

Communities that have seen significant shifts include Forest Hill South, The Annex and Rosedale. See the Market Mover highlights section below for more details, and for further clarification on numbers that affect you, reach out to me directly.

Here are the numbers for September:

A friendly reminder for those looking to buy a new home or list your property for sale in Toronto in the near future. Starting January 1, the City’s new graduated Municipal Land Transfer Tax (MLTT) rate for residential properties valued at $3M and above, comes into effect. Connect with me to see how this will affect home-buying budgets, and what it means for you. I’ll help you make the most of your next move.