By: Chris Dawson & Elizabeth Machula

Condo Inventory Craters

Tags: Toronto Condo Prices, Toronto Condo Market Report, Toronto Condo Statistics

Here are the statistics for last month: Over the last 5 years, the average number of condos on the market for sale in March has been 1061. This past March we had only 432, available inventory is less than half as typical. Over the last 5 years, the average number of condos on the market that sold in March has been 415. This past March we had 424 sales... demand is typical. ...Read More

By: Chris Dawson & Elizabeth Machula

Condo Prices Blow Up

Tags: Toronto Condo Prices, Toronto Condo Market Report, Toronto Condo Statistics

Here are the statistics for last month: Over the last 5 years, the average number of condos on the market for sale in February has been 919. This past February we had only 424, available inventory is less than half as typical. Over the last 5 years, the average number of condos on the market that sold in February has been 287. This past February we had 297 sales... demand is t...Read More

By: Chris Dawson & Elizabeth Machula

Condos up 22.9% For 2017

Tags: Toronto Condo Prices, Toronto Condo Market Report, Toronto Condo Statistics

Here are the statistics for last month: Over the last 5 years, the average number of condos on the market for sale in December has been 749. This past December we had only 405, the market is still starving for inventory. Over the last 5 years, the average number of condos on the market that sold in December has been 247. This past December we had 265 sales... very typical.  ...Read More

By: Chris Dawson & Elizabeth Machula

Condos Up 17.8% Year To Date

Tags: Toronto Condo Prices, Toronto Condo Market Report, Toronto Condo Statistics

Here are the statistics for last month: The number of condos on the market decreased from 594 to 574... almost half as much inventory as typical. The number of condos sold in November increased from 396 to 440 which is quite strong for a November. The supply and demand level indicates a continued Seller's market and predicts rising prices. The median price ...Read More

By: Chris Dawson & Elizabeth Machula

Prices Climbing Back

Tags: Toronto Condo Prices, Toronto Condo Market Report, Toronto Condo Statistics

Here are the statistics for last month: The number of condos on the market decreased from 611 to 594... almost half as much inventory as typical. The number of condos sold in October increased from 377 to 396 which is typical for October. The supply and demand level indicates a continued Seller's market and predicts rising prices. The median price of a downtown ...Read More

By: Chris Dawson & Elizabeth Machula

Condos Up - Houses Bounce

Tags: Toronto Condo Prices, Toronto Condo Market Report, Toronto Condo Statistics

Here are the statistics for last month: The number of condos on the market increased from 563 to 611. Over the last 5 years, we averaged 1165 condos available for sale in a typical September so inventory is only about half of what it usually is. The number of condos sold in September decreased from 414 to 377. This number is typical for September. The low inventory&nbs...Read More

By: Chris Dawson & Elizabeth Machula

Condos Up Houses Down

Tags: Toronto Condo Prices, Toronto Condo Market Report, Toronto Condo Statistics

What an unpredictable year, but is it also unexplainable? First let's review the facts: The number of condos on the market decreased from 699 to 563. August is known for it's strong condo demand from students securing places to live while attending UoT, Ryerson, George Brown, Ocad... etc. If their parents can afford a condo as an investment vs renting, many do the math and would ra...Read More

By: Chris Dawson & Elizabeth Machula

Good Time To Move Up

Tags: Toronto Condo Prices, Toronto Condo Market Report, Toronto Condo Statistics

Lots of charts to get through this month... The number of condos on the market decreased from 763 to 699. A typical July, over the past 6 years, has averaged 1258 condos for sale so the inventory is far lower than normal. The number of sales decreased from 461 to 399. This number is now about what we typically see for June. The summer really slows down and then picks up again for t...Read More

By: Chris Dawson & Elizabeth Machula

Condo To House - Price Gap Shrinks

Tags: Toronto Condo Prices, Toronto Condo Market Report, Toronto Condo Statistics

2017 is one of the most unpredictable markets we've ever had. First the numbers... The number of condos on the market continued to increase, from 737 to 763. This small increase still results in lower inventory levels than expected. The number of sales decreased from 571 to 461. This number is now about what we typically see for June. So a rise in inventory and drop in ...Read More

By: Chris Dawson & Elizabeth Machula

Market Takes A Breath

Tags: Toronto Condo Prices, Toronto Condo Market Report, Toronto Condo Statistics

First the numbers... The number of condos on the market increased from 581 to 737. Over the last 5 years, May averaged 1375 condos on the market so the inventory is still about half. The number of sales decreased from 599 to 571. Over the last 5 years, May averaged 431 condo sales so the number of sales is still relatively far higher than normal. So a rise in inventory and drop in sales h...Read More