Source: TRREB MarketWatch, May 2020

By home type

May 2020

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 4,606 +1,631 +54.8% up 1,631, 54.8% versus April 2020 $3.98B $863,599 +$42,207 +5.1% up $42,207, 5.1% versus April 2020 $754,500 9,104 11,448 99% 24 32 50.6% 2.5
Detached 2,285 +873 +61.8% up 873, 61.8% versus April 2020 $2.36B $1,033,341 +$49,711 +5.1% up $49,711, 5.1% versus April 2020 $895,000 4,522 6,375 98% 27 50.5% 2.8
Semi-detached 463 +139 +42.9% up 139, 42.9% versus April 2020 $401.8M $867,717 +$1,746 +0.2% up $1,746, 0.2% versus April 2020 $790,000 662 532 101% 17 69.9% 1.1
Att/row/townhouse 446 +152 +51.7% up 152, 51.7% versus April 2020 $331.5M $743,380 +$7,562 +1.0% up $7,562, 1.0% versus April 2020 $710,000 710 718 100% 20 62.8% 1.6
Condo townhouse 369 +131 +55.0% up 131, 55.0% versus April 2020 $228.2M $618,532 +$4,370 +0.7% up $4,370, 0.7% versus April 2020 $592,000 603 603 100% 21 61.2% 1.6
Condo apartment 1,002 +335 +50.2% up 335, 50.2% versus April 2020 $626.7M $625,445 +$47,162 +8.2% up $47,162, 8.2% versus April 2020 $560,000 2,526 3,108 98% 23 39.7% 3.1
Link 34 +2 +6.3% up 2, 6.3% versus April 2020 $23.6M $695,318 −$9,895 −1.4% down $9,895, 1.4% versus April 2020 $667,500 52 55 99% 23 65.4% 1.6
Co-op apartment low sample 1 −2 −66.7% down 2, 66.7% versus April 2020 $245K $245,000 −$53,000 −17.8% down $53,000, 17.8% versus April 2020 $245,000 9 18 95% 21 11.1% 18.0
Detached condo low sample 4 +1 +33.3% up 1, 33.3% versus April 2020 $3.5M $884,250 +$381,250 +75.8% up $381,250, 75.8% versus April 2020 $851,000 15 29 96% 57 26.7% 7.3
Co-ownership apartment low sample 2 no change no change versus April 2020 $892K $446,000 −$51,500 −10.4% down $51,500, 10.4% versus April 2020 $446,000 5 10 101% 14 40.0% 5.0

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,491 +455 +43.9% up 455, 43.9% versus April 2020 $1.42B $955,273 +$73,849 +8.4% up $73,849, 8.4% versus April 2020 $785,000 3,312 4,009 100% 21 27 45.0% 2.7
Detached 432 +119 +38.0% up 119, 38.0% versus April 2020 $614.4M $1,422,273 +$172,543 +13.8% up $172,543, 13.8% versus April 2020 $1,154,500 927 1,266 99% 22 46.6% 2.9
Semi-detached 164 +38 +30.2% up 38, 30.2% versus April 2020 $187.5M $1,143,322 +$46,885 +4.3% up $46,885, 4.3% versus April 2020 $1,020,500 243 188 103% 14 67.5% 1.1
Att/row/townhouse 43 +6 +16.2% up 6, 16.2% versus April 2020 $43.7M $1,017,079 +$64,681 +6.8% up $64,681, 6.8% versus April 2020 $953,000 91 104 102% 15 47.3% 2.4
Condo townhouse 121 +50 +70.4% up 50, 70.4% versus April 2020 $86.6M $715,572 +$17,961 +2.6% up $17,961, 2.6% versus April 2020 $655,000 206 218 99% 20 58.7% 1.8
Condo apartment 727 +245 +50.8% up 245, 50.8% versus April 2020 $490.0M $674,028 +$61,728 +10.1% up $61,728, 10.1% versus April 2020 $600,000 1,830 2,201 99% 22 39.7% 3.0
Link low sample 1 −2 −66.7% down 2, 66.7% versus April 2020 $911K $910,800 +$101,800 +12.6% up $101,800, 12.6% versus April 2020 $910,800 3 6 100% 15 33.3% 6.0
Co-op apartment low sample 1 −1 −50.0% down 1, 50.0% versus April 2020 $245K $245,000 −$14,500 −5.6% down $14,500, 5.6% versus April 2020 $245,000 6 14 95% 21 16.7% 14.0
Detached condo low sample 0 no change no change versus April 2020 $0 $0 no change no change versus April 2020 1 2 0.0%
Co-ownership apartment low sample 2 no change no change versus April 2020 $892K $446,000 −$51,500 −10.4% down $51,500, 10.4% versus April 2020 $446,000 5 10 101% 14 40.0% 5.0

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,115 +1,176 +60.6% up 1,176, 60.6% versus April 2020 $2.55B $819,719 +$30,402 +3.9% up $30,402, 3.9% versus April 2020 5,792 7,439 53.8% 2.4
Detached 1,853 +754 +68.6% up 754, 68.6% versus April 2020 $1.75B $942,668 +$34,824 +3.8% up $34,824, 3.8% versus April 2020 3,595 5,109 51.5% 2.8
Semi-detached 299 +101 +51.0% up 101, 51.0% versus April 2020 $214.2M $716,549 −$2,762 −0.4% down $2,762, 0.4% versus April 2020 419 344 71.4% 1.1
Att/row/townhouse 403 +146 +56.8% up 146, 56.8% versus April 2020 $287.8M $714,177 +$9,540 +1.4% up $9,540, 1.4% versus April 2020 619 614 65.1% 1.5
Condo townhouse 248 +81 +48.5% up 81, 48.5% versus April 2020 $141.7M $571,186 −$7,498 −1.3% down $7,498, 1.3% versus April 2020 397 385 62.5% 1.6
Condo apartment 275 +90 +48.6% up 90, 48.6% versus April 2020 $136.7M $497,010 +$7,356 +1.5% up $7,356, 1.5% versus April 2020 696 907 39.5% 3.3
Link 33 +4 +13.8% up 4, 13.8% versus April 2020 $22.7M $688,788 −$5,688 −0.8% down $5,688, 0.8% versus April 2020 49 49 67.3% 1.5
Co-op apartment low sample 0 −1 −100.0% down 1, 100.0% versus April 2020 $0 n/a not available, prior month not on file versus April 2020 3 4 0.0%
Detached condo low sample 4 +1 +33.3% up 1, 33.3% versus April 2020 $3.5M $884,250 +$381,250 +75.8% up $381,250, 75.8% versus April 2020 14 27 28.6% 6.8
Co-ownership apartment low sample 0 no change no change versus April 2020 $0 n/a not available, prior month not on file versus April 2020 0 0

Trends

All TRREB areas · 13 months to May 2020

Average price

Average price by home type over the 13 months ending May 2020.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
May '19 1042218827250718321601636590876
Jun '19 1018987830015713540608187590274
Jul '19 995043786974711718601541584019
Aug '19 978920768230691768578264574632
Sep '19 1050421833790726676618241595013
Oct '19 1049300852669727074618849617419
Nov '19 1044138837573729999594354617658
Dec '19 1052081805144736573597216612464
Jan '20 1038247792326755851622640630047
Feb '20 1113918872821775554671236666358
Mar '20 1107870889480786062647780658791
Apr '20 983630865971735818614162578283
May '20 1033341867717743380618532625445

Sales

Sales by home type over the 13 months ending May 2020.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
May '19 464910199137432542
Jun '19 42258867976832149
Jul '19 39418597546612277
Aug '19 36186426985942067
Sep '19 36167467085902071
Oct '19 39608137476482219
Nov '19 32636696265471902
Dec '19 19843813963351255
Jan '20 20743514183641335
Feb '20 34766476544861906
Mar '20 37607517356532014
Apr '20 1412324294238667
May '20 22854634463691002

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending May 2020.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
May '19 43.5258870892238668.2061579651941156.1846153846153959.6308186195826661.504960077425594
Jun '19 48.7031700288184467.8407350689127160.01506024096385568.781470292044364.47644764476448
Jul '19 52.1434241862926878.1619654231119263.7362637362637366.432160804020167.14833382483043
Aug '19 58.20463320463320471.2541620421753768.164062576.3496143958868975.41043414812111
Sep '19 41.5298036062937860.307194826192462.05083260297984561.3305613305613360.85806641198942
Oct '19 56.8883781065938880.5748265609514475.6072874493927172.7272727272727372.82573022645225
Nov '19 75.9543761638733896.1206896551724188.2933709449929491.7785234899328883.89942655491839
Dec '19 121.94222495390288150143.47826086956522134114.92673992673991
Jan '20 50.8957055214723968.8235294117647167.8571428571428672.2222222222222165.15373352855052
Feb '20 61.53301469286679.192166462668374.828375286041273.3031674208144876.97899838449112
Mar '20 51.2960436562073759.650516282764157.5117370892018767.389060887512958.734324876057165
Apr '20 47.5100942126514263.5294117647058857.3099415204678350.7462686567164240.20494273658831
May '20 50.5307386112339769.9395770392749262.8169014084507161.1940298507462739.66745843230404

Average price change, month-over-month

  • Detached +5.1% up 5.1% versus April 2020
  • Semi-detached +0.2% up 0.2% versus April 2020
  • Att/row/townhouse +1.0% up 1.0% versus April 2020
  • Condo townhouse +0.7% up 0.7% versus April 2020
  • Condo apartment +8.2% up 8.2% versus April 2020

Year to date

Home typeSales$ volumeAverageMedian
All home types 27,313 $23.99B $878,449 $763,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment