Toronto Downtown Condo Market Pulse© January 2024

In January, the average price of Condo apartments in downtown Toronto decreased by 1% year-on-year, while from the trend chart, there was a stabilizing rebound in prices month-on-month, increasing by 4.3%. The transaction volume also saw an increase of 64% year-on-year.

In the C08 area east of Yonge Street, Condo prices experienced a slight year-on-year decrease of 1%. Meanwhile, on a month-on-month basis, prices stabilized and increased by 0.5%. The transaction volume surged significantly, expanding by 159% year-on-year.

In the C01 area west of Yonge Street, which contains the University of Toronto downtown St. George campus, the average price of Condo apartments increased by 2% compared to the same period last year. Month-on-month, there was a substantial increase of 7.4% in prices, and the transaction volume increased by 32% year-on-year.

Toronto Downtown Condo Market Pulse© November 2023

In November, the average price for condo in downtown Toronto decreased by 4% year-on-year, showing a slower decline compared to the previous month. The transaction volume also experienced a year-on-year contraction of 17%.

In the C01 area west of Yonge Street, which contains the University of Toronto downtown St. George campus, the average price for condo decreased by 7% compared to the same period last year, with the transaction volume decreasing by nearly 20% year-on-year.

In the C08 area east of Yonge Street, condo average price showed a slight year-on-year increase of 1%, with a significant month-on-month increase of 6.5%. However, the transaction volume experienced a year-on-year decrease of 14%.

Toronto top1% realtor Daisy Huang presents【Toronto Downtown Condo market update November 2023】

Toronto Downtown Condo Market Pulse© October 2023

In October, the performance of condos in downtown Toronto was poor, with the average price decreasing by 9% compared to the same period last year. However, the transaction volume increased by 9% year-on-year.

In the C01 area west of Yonge Street, including the University of Toronto campus, the average price of condos fell by 11% compared to the same period last year, while the transaction volume increased by 12% year-on-year. The transaction volume also rose compared to the previous month.

In the C08 area east of Yonge Street, the average price of condos decreased by 6% year-on-year, but the transaction volume increased by 4% compared to the same period last year.

Toronto top1% realtor Daisy Huang presents【Toronto Downtown Condo market update October 2023】