Toronto Property Pulse© January 2024

In January, the average price of homes in Toronto decreased by 3% year-on-year, while the transaction volume increased by 33% compared to the same period last year.

Looking at the different regions within Toronto, the average price in Downtown decreased by 3% year-on-year, while it remained flat in midtown. Scarborough experienced a 6% decline, Etobicoke dropped by 2%, and North York saw an 8% increase in average price compared to the same period last year.

By housing type, detached houses in Toronto saw a 6% year-on-year increase in average price, while semi-detached houses increased by 4%. The average price of Condo apartments remained stable. Townhouses showed big fluctuation in average price in January, however, due to their low transaction volume, the January price itself may not be very representative.

In terms of transaction volume, all regions and home types in Toronto experienced an overall increase, with the highest volume increases observed in the downtown area and Condo segment, with transaction volumes rising by 58% and 46% respectively compared to the previous year.

By AreaBy Type

Toronto Property Pulse© November 2023

In November, the average housing price in the city of Toronto remained flat compared to the same period last year, with a year-on-year decrease in transaction volume of 10%.

When looking at different districts within Toronto, the average price in Downtown decreased by 3% year-on-year, increased by 4% in Midtown, decreased by 7% in North York, remained stable in Scarborough, and decreased by 4% in Etobicoke.

By housing category, the average prices for detached houses and semi-detached houses in Toronto increased by 4% and 2% year-on-year respectively, while the average prices for townhouses and Condo apartments decreased by 11% and 2% year-on-year respectively.

In terms of transaction volume, each region within Toronto experienced a varying degree of year-on-year contraction in November.

Toronto top1% real estate agent Daisy Huang shares【Toronto real estate market update by type November 2023】Toronto top1% real estate agent Daisy Huang shares【Toronto real estate market update by area November 2023】

Toronto Property Pulse© October 2023

In October, the average housing price in the downtown area of Toronto increased by 4% compared to the same period last year, while the transaction volume showed a slight year-on-year decrease of 2%.

Looking at different regions within Toronto, the average price in Downtown decreased by 9% year-on-year, while Midtown surged by 25%, North York increased by 11%, Scarborough saw a slight decrease of 1%, and Etobicoke’s average price rose by 3%.

In terms of transaction volume, the area with the largest year-on-year increase in Toronto’s transaction volume was the downtown area, expanding by 6%. North York experienced the largest year-on-year decrease in transaction volume, declining by 10%.

Toronto top1% real estate agent Daisy Huang shares【Toronto real estate market update by area October 2023】