Source: TRREB MarketWatch, April 2023

By home type

April 2023

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 7,531 +635 +9.2% up 635, 9.2% versus March 2023 $8.69B $1,153,269 +$44,663 +4.0% up $44,663, 4.0% versus March 2023 $999,999 11,364 10,373 103% 17 24 66.3% 1.4
Detached 3,448 +448 +14.9% up 448, 14.9% versus March 2023 $5.13B $1,489,258 +$20,607 +1.4% up $20,607, 1.4% versus March 2023 $1,330,000 5,293 4,536 103% 15 65.1% 1.3
Semi-detached 630 +74 +13.3% up 74, 13.3% versus March 2023 $715.4M $1,135,599 +$47,675 +4.4% up $47,675, 4.4% versus March 2023 $1,055,000 784 454 107% 11 80.4% 0.7
Att/row/townhouse 641 +1 +0.2% up 1, 0.2% versus March 2023 $701.0M $1,093,560 +$56,989 +5.5% up $56,989, 5.5% versus March 2023 $1,020,000 937 616 108% 12 68.4% 1.0
Condo townhouse 588 +61 +11.6% up 61, 11.6% versus March 2023 $511.0M $868,997 +$55,961 +6.9% up $55,961, 6.9% versus March 2023 $813,750 819 735 104% 16 71.8% 1.3
Condo apartment 2,160 +39 +1.8% up 39, 1.8% versus March 2023 $1.56B $724,118 +$20,552 +2.9% up $20,552, 2.9% versus March 2023 $650,000 3,439 3,944 100% 22 62.8% 1.8
Link 39 +5 +14.7% up 5, 14.7% versus March 2023 $42.0M $1,075,864 −$44,896 −4.0% down $44,896, 4.0% versus March 2023 $1,000,000 43 18 111% 10 90.7% 0.5
Co-op apartment 11 +3 +37.5% up 3, 37.5% versus March 2023 $5.5M $497,364 +$68,551 +16.0% up $68,551, 16.0% versus March 2023 $400,000 16 27 99% 27 68.8% 2.5
Detached condo 11 +3 +37.5% up 3, 37.5% versus March 2023 $9.7M $883,309 −$68,122 −7.2% down $68,122, 7.2% versus March 2023 $930,000 26 27 100% 40 42.3% 2.5
Co-ownership apartment low sample 3 +1 +50.0% up 1, 50.0% versus March 2023 $1.7M $566,300 +$155,300 +37.8% up $155,300, 37.8% versus March 2023 $579,000 7 16 99% 8 42.9% 5.3

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,735 +214 +8.5% up 214, 8.5% versus March 2023 $3.06B $1,120,352 +$65,789 +6.2% up $65,789, 6.2% versus March 2023 $875,000 4,389 4,452 103% 18 25 62.3% 1.6
Detached 767 +101 +15.2% up 101, 15.2% versus March 2023 $1.37B $1,787,752 +$79,379 +4.6% up $79,379, 4.6% versus March 2023 $1,465,000 1,252 1,112 104% 14 61.3% 1.4
Semi-detached 232 +30 +14.9% up 30, 14.9% versus March 2023 $307.7M $1,326,462 +$63,833 +5.1% up $63,833, 5.1% versus March 2023 $1,200,000 306 210 108% 14 75.8% 0.9
Att/row/townhouse 74 −2 −2.6% down 2, 2.6% versus March 2023 $98.2M $1,327,191 +$85,827 +6.9% up $85,827, 6.9% versus March 2023 $1,296,500 123 97 108% 12 60.2% 1.3
Condo townhouse 194 +40 +26.0% up 40, 26.0% versus March 2023 $184.2M $949,605 +$107,733 +12.8% up $107,733, 12.8% versus March 2023 $850,000 297 289 104% 18 65.3% 1.5
Condo apartment 1,453 +43 +3.0% up 43, 3.0% versus March 2023 $1.09B $751,916 +$18,972 +2.6% up $18,972, 2.6% versus March 2023 $663,000 2,383 2,699 101% 21 61.0% 1.9
Link low sample 4 no change no change versus March 2023 $4.3M $1,070,472 −$97,028 −8.3% down $97,028, 8.3% versus March 2023 $1,059,500 6 3 119% 6 66.7% 0.8
Co-op apartment 8 +1 +14.3% up 1, 14.3% versus March 2023 $4.3M $533,250 +$134,607 +33.8% up $134,607, 33.8% versus March 2023 $394,000 15 25 100% 29 53.3% 3.1
Detached condo n/a not available, prior month not on file versus March 2023 n/a not available, prior month not on file versus March 2023
Co-ownership apartment low sample 3 +1 +50.0% up 1, 50.0% versus March 2023 $1.7M $566,300 +$155,300 +37.8% up $155,300, 37.8% versus March 2023 $579,000 7 16 99% 8 42.9% 5.3

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 4,796 +421 +9.6% up 421, 9.6% versus March 2023 $5.62B $1,172,041 +$32,294 +2.8% up $32,294, 2.8% versus March 2023 6,975 5,921 68.8% 1.2
Detached 2,681 +347 +14.9% up 347, 14.9% versus March 2023 $3.76B $1,403,863 +$3,617 +0.3% up $3,617, 0.3% versus March 2023 4,041 3,424 66.3% 1.3
Semi-detached 398 +44 +12.4% up 44, 12.4% versus March 2023 $407.7M $1,024,342 +$36,109 +3.7% up $36,109, 3.7% versus March 2023 478 244 83.3% 0.6
Att/row/townhouse 567 +3 +0.5% up 3, 0.5% versus March 2023 $602.8M $1,063,068 +$54,093 +5.4% up $54,093, 5.4% versus March 2023 814 519 69.7% 0.9
Condo townhouse 394 +21 +5.6% up 21, 5.6% versus March 2023 $326.7M $829,307 +$28,177 +3.5% up $28,177, 3.5% versus March 2023 522 446 75.5% 1.1
Condo apartment 707 −4 −0.6% down 4, 0.6% versus March 2023 $471.6M $666,987 +$21,683 +3.4% up $21,683, 3.4% versus March 2023 1,056 1,245 67.0% 1.8
Link 35 +5 +16.7% up 5, 16.7% versus March 2023 $37.7M $1,076,480 −$38,048 −3.4% down $38,048, 3.4% versus March 2023 37 15 94.6% 0.4
Co-op apartment low sample 3 +2 +200.0% up 2, 200.0% versus March 2023 $1.2M $401,667 −$238,333 −37.2% down $238,333, 37.2% versus March 2023 1 2 300.0% 0.7
Detached condo n/a not available, prior month not on file versus March 2023 n/a not available, prior month not on file versus March 2023
Co-ownership apartment low sample 0 no change no change versus March 2023 $0 n/a not available, prior month not on file versus March 2023 0 0

Trends

All TRREB areas · 13 months to April 2023

Average price

Average price by home type over the 13 months ending April 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Apr '22 162834312592431119648909207789869
May '22 154949812048931063177857113770894
Jun '22 145490211247231028977825447747216
Jul '22 13625981077750997668799953719273
Aug '22 1379700998490987308789386711321
Sep '22 13691861043120990242803964730818
Oct '22 137243810793931023934802969716515
Nov '22 13901621039200993557799029708636
Dec '22 13845861009479954312772038705659
Jan '23 13418481019668976500776698687696
Feb '23 143973510692661050342785448705472
Mar '23 146865110879241036571813036703566
Apr '23 148925811355991093560868997724118

Sales

Sales by home type over the 13 months ending April 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Apr '22 36008027166522173
May '22 33667527295221848
Jun '22 30126345805171678
Jul '22 22034744293871365
Aug '22 25955265244111507
Sep '22 23345014353951317
Oct '22 23004464353871338
Nov '22 20563864033711289
Dec '22 1352238266258966
Jan '23 1384240277222950
Feb '23 20753994633581455
Mar '23 30005566405272121
Apr '23 34486306415882160

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending April 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Apr '22 41.7197821300266646.7911318553092240.797720797720845.0899031811894946.0088926529748
May '22 38.2326215356656144.7086801426872843.0851063829787236.9426751592356737.29566094853683
Jun '22 39.49645948072383647.45508982035928444.4444444444444439.10741301059001536.156000861883214
Jul '22 40.0836972343522653.9863325740318945.1578947368421140.1036269430051837.37677984665936
Aug '22 53.7712391214256166.1635220125786163.8246041412911147.5694444444444447.93256997455471
Sep '22 45.02314814814814560.3614457831325353.9702233250620445.4545454545454538.118668596237335
Oct '22 47.7475607224413561.17969821673525458.15508021390374450.1945525291828841.28355445850047
Nov '22 51.9979767324228763.3825944170771855.3571428571428656.46879756468797544.89724834552421
Dec '22 77.12492869366881.2286689419795284.1772151898734291.1660777385159169.39655172413794
Jan '23 42.1437271619975651.6129032258064546.3986599664991642.12523719165085434.45774392455568
Feb '23 56.9116840373011567.9727427597955770.7951070336391657.64895330112721452.020021451555245
Mar '23 60.3378921962992872.0207253886010469.8689956331877762.58907363420427658.916666666666664
Apr '23 65.1426412242584580.3571428571428668.4098185699039571.794871794871862.80895609188718

Average price change, month-over-month

  • Detached +1.4% up 1.4% versus March 2023
  • Semi-detached +4.4% up 4.4% versus March 2023
  • Att/row/townhouse +5.5% up 5.5% versus March 2023
  • Condo townhouse +6.9% up 6.9% versus March 2023
  • Condo apartment +2.9% up 2.9% versus March 2023

Year to date

Home typeSales$ volumeAverageMedian
All home types 22,266 $24.74B $1,111,213 $960,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment