Source: TRREB MarketWatch, May 2022

By home type

May 2022

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 7,283 −725 −9.1% down 725, 9.1% versus April 2022 $8.83B $1,212,806 −$41,630 −3.3% down $41,630, 3.3% versus April 2022 $1,050,000 18,679 15,433 103% 12 18 39.0% 2.1
Detached 3,366 −234 −6.5% down 234, 6.5% versus April 2022 $5.22B $1,549,498 −$78,845 −4.8% down $78,845, 4.8% versus April 2022 $1,350,000 8,804 7,135 103% 12 38.2% 2.1
Semi-detached 752 −50 −6.2% down 50, 6.2% versus April 2022 $906.1M $1,204,893 −$54,350 −4.3% down $54,350, 4.3% versus April 2022 $1,117,100 1,682 1,142 108% 11 44.7% 1.5
Att/row/townhouse 729 +13 +1.8% up 13, 1.8% versus April 2022 $775.1M $1,063,177 −$56,471 −5.0% down $56,471, 5.0% versus April 2022 $999,900 1,692 1,171 104% 12 43.1% 1.6
Condo townhouse 522 −130 −19.9% down 130, 19.9% versus April 2022 $447.4M $857,113 −$52,094 −5.7% down $52,094, 5.7% versus April 2022 $825,500 1,413 1,178 104% 12 36.9% 2.3
Condo apartment 1,848 −325 −15.0% down 325, 15.0% versus April 2022 $1.42B $770,894 −$18,975 −2.4% down $18,975, 2.4% versus April 2022 $694,000 4,955 4,696 102% 15 37.3% 2.5
Link 42 +4 +10.5% up 4, 10.5% versus April 2022 $44.2M $1,051,245 −$25,334 −2.4% down $25,334, 2.4% versus April 2022 $1,012,500 82 58 104% 13 51.2% 1.4
Co-op apartment 8 −3 −27.3% down 3, 27.3% versus April 2022 $6.4M $805,363 +$79,363 +10.9% up $79,363, 10.9% versus April 2022 $790,000 19 23 100% 19 42.1% 2.9
Detached condo 11 +3 +37.5% up 3, 37.5% versus April 2022 $11.3M $1,029,480 −$73,895 −6.7% down $73,895, 6.7% versus April 2022 $950,000 14 8 107% 16 78.6% 0.7
Co-ownership apartment 5 −3 −37.5% down 3, 37.5% versus April 2022 $2.2M $435,200 −$189,800 −30.4% down $189,800, 30.4% versus April 2022 $429,000 18 22 98% 20 27.8% 4.4

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,679 −345 −11.4% down 345, 11.4% versus April 2022 $3.31B $1,233,748 −$9,322 −0.7% down $9,322, 0.7% versus April 2022 $980,000 6,877 5,970 104% 13 17 39.0% 2.2
Detached 814 −54 −6.2% down 54, 6.2% versus April 2022 $1.56B $1,914,890 −$33,085 −1.7% down $33,085, 1.7% versus April 2022 $1,505,000 2,036 1,614 103% 11 40.0% 2.0
Semi-detached 316 +5 +1.6% up 5, 1.6% versus April 2022 $450.7M $1,426,273 −$68,367 −4.6% down $68,367, 4.6% versus April 2022 $1,300,000 682 443 111% 9 46.3% 1.4
Att/row/townhouse 101 −14 −12.2% down 14, 12.2% versus April 2022 $125.1M $1,238,845 −$106,598 −7.9% down $106,598, 7.9% versus April 2022 $1,222,500 234 151 107% 10 43.2% 1.5
Condo townhouse 166 −54 −24.5% down 54, 24.5% versus April 2022 $154.1M $928,464 −$23,419 −2.5% down $23,419, 2.5% versus April 2022 $850,000 462 415 105% 12 35.9% 2.5
Condo apartment 1,264 −224 −15.1% down 224, 15.1% versus April 2022 $1.00B $793,124 −$27,711 −3.4% down $27,711, 3.4% versus April 2022 $706,750 3,415 3,295 103% 15 37.0% 2.6
Link low sample 4 −1 −20.0% down 1, 20.0% versus April 2022 $4.6M $1,154,000 +$12,000 +1.1% up $12,000, 1.1% versus April 2022 $1,114,000 9 8 113% 15 44.4% 2.0
Co-op apartment 7 −2 −22.2% down 2, 22.2% versus April 2022 $5.8M $825,414 +$34,747 +4.4% up $34,747, 4.4% versus April 2022 $895,000 19 22 101% 15 36.8% 3.1
Detached condo low sample 2 +2 up 2 versus April 2022 $1.5M $730,000 +$730,000 up $730,000 versus April 2022 $730,000 2 0 129% 21 100.0% 0.0
Co-ownership apartment 5 −3 −37.5% down 3, 37.5% versus April 2022 $2.2M $435,200 −$189,800 −30.4% down $189,800, 30.4% versus April 2022 $429,000 18 22 98% 20 27.8% 4.4

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 4,604 −380 −7.6% down 380, 7.6% versus April 2022 $5.53B $1,200,621 −$60,712 −4.8% down $60,712, 4.8% versus April 2022 11,802 9,463 39.0% 2.1
Detached 2,552 −180 −6.6% down 180, 6.6% versus April 2022 $3.66B $1,432,951 −$93,839 −6.1% down $93,839, 6.1% versus April 2022 6,768 5,521 37.7% 2.2
Semi-detached 436 −55 −11.2% down 55, 11.2% versus April 2022 $455.4M $1,044,443 −$65,699 −5.9% down $65,699, 5.9% versus April 2022 1,000 699 43.6% 1.6
Att/row/townhouse 628 +27 +4.5% up 27, 4.5% versus April 2022 $649.9M $1,034,925 −$41,518 −3.9% down $41,518, 3.9% versus April 2022 1,458 1,020 43.1% 1.6
Condo townhouse 356 −76 −17.6% down 76, 17.6% versus April 2022 $293.3M $823,843 −$63,630 −7.2% down $63,630, 7.2% versus April 2022 951 763 37.4% 2.1
Condo apartment 584 −101 −14.7% down 101, 14.7% versus April 2022 $422.1M $722,778 +$177 +0.0% up $177, 0.0% versus April 2022 1,540 1,401 37.9% 2.4
Link 38 +5 +15.2% up 5, 15.2% versus April 2022 $39.5M $1,040,429 −$26,238 −2.5% down $26,238, 2.5% versus April 2022 73 50 52.0% 1.3
Co-op apartment low sample 1 −1 −50.0% down 1, 50.0% versus April 2022 $665K $665,000 +$230,000 +52.9% up $230,000, 52.9% versus April 2022 0 1 1.0
Detached condo 9 +1 +12.5% up 1, 12.5% versus April 2022 $9.9M $1,096,031 −$7,344 −0.7% down $7,344, 0.7% versus April 2022 12 8 75.0% 0.9
Co-ownership apartment low sample 0 no change no change versus April 2022 $0 n/a not available, prior month not on file versus April 2022 0 0

Trends

All TRREB areas · 13 months to May 2022

Average price

Average price by home type over the 13 months ending May 2022.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Apr '22 162834312592431119648909207789869
May '22 154949812048931063177857113770894

Sales

Sales by home type over the 13 months ending May 2022.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Apr '22 36008027166522173
May '22 33667527295221848

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending May 2022.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Apr '22 41.7197821300266646.7911318553092240.797720797720845.0899031811894946.0088926529748
May '22 38.2326215356656144.7086801426872843.0851063829787236.9426751592356737.29566094853683

Average price change, month-over-month

  • Detached −4.8% down 4.8% versus April 2022
  • Semi-detached −4.3% down 4.3% versus April 2022
  • Att/row/townhouse −5.0% down 5.0% versus April 2022
  • Condo townhouse −5.7% down 5.7% versus April 2022
  • Condo apartment −2.4% down 2.4% versus April 2022

Year to date

Home typeSales$ volumeAverageMedian
All home types 40,845 $52.07B $1,274,869 $1,125,100
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment