Source: TRREB MarketWatch, March 2022

By home type

March 2022

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 10,955 +1,858 +20.4% up 1,858, 20.4% versus February 2022 $14.24B $1,299,894 −$34,650 −2.6% down $34,650, 2.6% versus February 2022 $1,165,000 20,038 10,167 113% 8 11 54.7% 0.9
Detached 4,884 +956 +24.3% up 956, 24.3% versus February 2022 $8.29B $1,697,396 −$99,807 −5.6% down $99,807, 5.6% versus February 2022 $1,525,000 9,429 4,895 112% 8 51.8% 1.0
Semi-detached 983 +232 +30.9% up 232, 30.9% versus February 2022 $1.29B $1,317,048 −$41,367 −3.0% down $41,367, 3.0% versus February 2022 $1,265,000 1,796 769 118% 7 54.7% 0.8
Att/row/townhouse 972 +117 +13.7% up 117, 13.7% versus February 2022 $1.18B $1,212,542 −$41,918 −3.3% down $41,918, 3.3% versus February 2022 $1,175,000 2,084 912 116% 7 46.6% 0.9
Condo townhouse 870 +151 +21.0% up 151, 21.0% versus February 2022 $825.0M $948,292 −$15,408 −1.6% down $15,408, 1.6% versus February 2022 $910,500 1,515 700 115% 8 57.4% 0.8
Condo apartment 3,154 +382 +13.8% up 382, 13.8% versus February 2022 $2.55B $808,566 +$8,600 +1.1% up $8,600, 1.1% versus February 2022 $740,000 5,040 2,790 110% 9 62.6% 0.9
Link 66 +26 +65.0% up 26, 65.0% versus February 2022 $79.1M $1,197,978 −$104,027 −8.0% down $104,027, 8.0% versus February 2022 $1,203,000 136 62 117% 7 48.5% 0.9
Co-op apartment 11 +3 +37.5% up 3, 37.5% versus February 2022 $6.8M $620,000 +$7,137 +1.2% up $7,137, 1.2% versus February 2022 $600,000 14 18 105% 19 78.6% 1.6
Detached condo 10 −1 −9.1% down 1, 9.1% versus February 2022 $13.3M $1,332,200 +$126,823 +10.5% up $126,823, 10.5% versus February 2022 $1,242,500 16 9 113% 7 62.5% 0.9
Co-ownership apartment 5 −8 −61.5% down 8, 61.5% versus February 2022 $2.6M $514,680 −$66,033 −11.4% down $66,033, 11.4% versus February 2022 $485,513 8 12 99% 29 62.5% 2.4

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,981 +741 +22.9% up 741, 22.9% versus February 2022 $4.85B $1,218,546 +$7,657 +0.6% up $7,657, 0.6% versus February 2022 $979,000 6,537 3,726 113% 10 12 60.9% 0.9
Detached 1,098 +312 +39.7% up 312, 39.7% versus February 2022 $2.11B $1,920,018 −$153,971 −7.4% down $153,971, 7.4% versus February 2022 $1,600,000 1,908 1,110 113% 9 57.5% 1.0
Semi-detached 331 +68 +25.9% up 68, 25.9% versus February 2022 $511.5M $1,545,447 +$45,958 +3.1% up $45,958, 3.1% versus February 2022 $1,411,000 526 244 121% 8 62.9% 0.7
Att/row/townhouse 119 +5 +4.4% up 5, 4.4% versus February 2022 $175.4M $1,473,569 +$57,525 +4.1% up $57,525, 4.1% versus February 2022 $1,368,000 215 106 115% 7 55.4% 0.9
Condo townhouse 269 +61 +29.3% up 61, 29.3% versus February 2022 $258.2M $959,938 −$16,088 −1.6% down $16,088, 1.6% versus February 2022 $905,000 458 249 115% 9 58.7% 0.9
Condo apartment 2,141 +299 +16.2% up 299, 16.2% versus February 2022 $1.78B $831,351 +$9,261 +1.1% up $9,261, 1.1% versus February 2022 $750,000 3,393 1,982 110% 10 63.1% 0.9
Link 7 +2 +40.0% up 2, 40.0% versus February 2022 $8.4M $1,202,270 −$82,530 −6.4% down $82,530, 6.4% versus February 2022 $1,250,000 15 7 116% 7 46.7% 1.0
Co-op apartment 11 +3 +37.5% up 3, 37.5% versus February 2022 $6.8M $620,000 +$7,137 +1.2% up $7,137, 1.2% versus February 2022 $600,000 12 15 105% 19 91.7% 1.4
Detached condo low sample 0 −1 −100.0% down 1, 100.0% versus February 2022 $0 $0 −$1,150,000 −100.0% down $1,150,000, 100.0% versus February 2022 2 1 0.0%
Co-ownership apartment 5 −8 −61.5% down 8, 61.5% versus February 2022 $2.6M $514,680 −$66,033 −11.4% down $66,033, 11.4% versus February 2022 $485,513 8 12 99% 29 62.5% 2.4

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 6,974 +1,117 +19.1% up 1,117, 19.1% versus February 2022 $9.39B $1,346,331 −$56,617 −4.0% down $56,617, 4.0% versus February 2022 13,501 6,441 51.7% 0.9
Detached 3,786 +644 +20.5% up 644, 20.5% versus February 2022 $6.18B $1,632,832 −$95,131 −5.5% down $95,131, 5.5% versus February 2022 7,521 3,785 50.3% 1.0
Semi-detached 652 +164 +33.6% up 164, 33.6% versus February 2022 $783.1M $1,201,097 −$81,289 −6.3% down $81,289, 6.3% versus February 2022 1,270 525 51.3% 0.8
Att/row/townhouse 853 +112 +15.1% up 112, 15.1% versus February 2022 $1.00B $1,176,127 −$53,473 −4.3% down $53,473, 4.3% versus February 2022 1,869 806 45.6% 0.9
Condo townhouse 601 +90 +17.6% up 90, 17.6% versus February 2022 $566.8M $943,079 −$15,603 −1.6% down $15,603, 1.6% versus February 2022 1,057 451 56.9% 0.8
Condo apartment 1,013 +83 +8.9% up 83, 8.9% versus February 2022 $770.3M $760,410 +$4,264 +0.6% up $4,264, 0.6% versus February 2022 1,647 808 61.5% 0.8
Link 59 +24 +68.6% up 24, 68.6% versus February 2022 $70.7M $1,197,469 −$106,994 −8.2% down $106,994, 8.2% versus February 2022 121 55 48.8% 0.9
Co-op apartment low sample 0 no change no change versus February 2022 $0 n/a not available, prior month not on file versus February 2022 2 3 0.0%
Detached condo 10 no change no change versus February 2022 $13.3M $1,332,200 +$121,285 +10.0% up $121,285, 10.0% versus February 2022 14 8 71.4% 0.8
Co-ownership apartment low sample 0 no change no change versus February 2022 $0 n/a not available, prior month not on file versus February 2022 0 0

Trends

All TRREB areas · 13 months to March 2022

Average price

Average price by home type over the 13 months ending March 2022.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Mar '21 14028491045519951984765521676052
Apr '21 13876291068923946412753943691791
May '21 14156981064361949983761266682280
Jun '21 14075401055640945212755622683479
Jul '21 14054781027895950038748433674490
Aug '21 14238071031580977127764742688568
Sep '21 152646511146961016269789983708521
Oct '21 154043211517701085547823017703698
Nov '21 156783212060161095570826475715104
Dec '21 159873511810461136657846525711933
Jan '22 174131813122731221726936264748566
Feb '22 179720313584151254460963700799966
Mar '22 169739613170481212542948292808566

Sales

Sales by home type over the 13 months ending March 2022.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Mar '21 75771479148211493821
Apr '21 65161304131011233290
May '21 5718123312159672710
Jun '21 5169105610798922800
Jul '21 41218688538412614
Aug '21 37047507767332544
Sep '21 39088248217372664
Oct '21 42798788327972899
Nov '21 38577557307192868
Dec '21 24375015024812058
Jan '22 22394454584332016
Feb '22 39287518557192772
Mar '22 48849839728703154

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending March 2022.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Mar '21 66.0535262836718769.8630136986301463.79681446405509666.6860127684271678.15504193086521
Apr '21 64.8551806509405868.4155299055613965.9285354806240565.8264947245017666.05099377635013
May '21 64.697895451459671.148297749567227564.0397350993377557.330230590226364
Jun '21 71.2375964718853477.0802919708029279.0476190476190566.8665667166416959.34718100890207
Jul '21 79.2587.585.5566700100300979.1902071563088662.252917361276495
Aug '21 83.0307106030038192.3645320197044491.6174734356552691.62571.30044843049326
Sep '21 67.251763896059274.5701357466063480.727630285152473.9959839357429760.27149321266968
Oct '21 84.315270935960693.3049946865037297.3099415204678389.550561797752874.9482936918304
Nov '21 87.9790145985401593.788819875776493.23116219667943100.7002801120448288.38212634822804
Dec '21 111.68652612282311114.90825688073394109.60698689956332114.25178147268409125.64102564102564
Jan '22 64.3390804597701270.522979397781372.4683544303797573.2656514382402778.50467289719626
Feb '22 59.14771871706068461.8106995884773763.239644970414271.0474308300395372.58444619010213
Mar '22 51.7976455615653954.7327394209354246.6410748560460757.4257425742574262.579365079365076

Average price change, month-over-month

  • Detached −5.6% down 5.6% versus February 2022
  • Semi-detached −3.0% down 3.0% versus February 2022
  • Att/row/townhouse −3.3% down 3.3% versus February 2022
  • Condo townhouse −1.6% down 1.6% versus February 2022
  • Condo apartment +1.1% up 1.1% versus February 2022

Year to date

Home typeSales$ volumeAverageMedian
All home types 25,642 $33.32B $1,299,591 $1,170,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment