Source: TRREB MarketWatch, August 2023

By home type

August 2023

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 5,294 +44 +0.8% up 44, 0.8% versus July 2023 $5.73B $1,082,496 −$35,878 −3.2% down $35,878, 3.2% versus July 2023 $933,250 12,296 15,497 100% 20 28 43.0% 2.9
Detached 2,264 −114 −4.8% down 114, 4.8% versus July 2023 $3.21B $1,416,366 −$10,891 −0.8% down $10,891, 0.8% versus July 2023 $1,250,000 5,323 6,887 100% 19 42.5% 3.0
Semi-detached 446 +1 +0.2% up 1, 0.2% versus July 2023 $476.3M $1,067,980 −$33,896 −3.1% down $33,896, 3.1% versus July 2023 $1,000,000 919 829 104% 15 48.5% 1.9
Att/row/townhouse 496 +42 +9.3% up 42, 9.3% versus July 2023 $507.2M $1,022,680 −$9,437 −0.9% down $9,437, 0.9% versus July 2023 $960,000 1,149 1,119 102% 17 43.2% 2.3
Condo townhouse 440 +20 +4.8% up 20, 4.8% versus July 2023 $368.7M $837,863 −$35,996 −4.1% down $35,996, 4.1% versus July 2023 $800,000 929 1,110 102% 20 47.4% 2.5
Condo apartment 1,609 +104 +6.9% up 104, 6.9% versus July 2023 $1.14B $705,572 −$29,599 −4.0% down $29,599, 4.0% versus July 2023 $640,000 3,893 5,455 99% 23 41.3% 3.4
Link 25 −4 −13.8% down 4, 13.8% versus July 2023 $25.0M $999,116 −$45,305 −4.3% down $45,305, 4.3% versus July 2023 $931,000 45 40 107% 14 55.6% 1.6
Co-op apartment 6 −1 −14.3% down 1, 14.3% versus July 2023 $3.3M $543,000 −$75,286 −12.2% down $75,286, 12.2% versus July 2023 $420,000 17 24 99% 26 35.3% 4.0
Detached condo 7 −2 −22.2% down 2, 22.2% versus July 2023 $7.7M $1,094,700 +$107,933 +10.9% up $107,933, 10.9% versus July 2023 $910,000 15 19 106% 11 46.7% 2.7
Co-ownership apartment low sample 1 −2 −66.7% down 2, 66.7% versus July 2023 $687K $687,000 +$160,667 +30.5% up $160,667, 30.5% versus July 2023 $687,000 6 14 92% 15 16.7% 14.0

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,891 +5 +0.3% up 5, 0.3% versus July 2023 $1.90B $1,005,945 −$60,239 −5.6% down $60,239, 5.6% versus July 2023 $810,000 4,330 5,928 101% 21 29 43.7% 3.1
Detached 451 −67 −12.9% down 67, 12.9% versus July 2023 $737.5M $1,635,145 −$5,900 −0.4% down $5,900, 0.4% versus July 2023 $1,320,000 1,011 1,358 101% 18 44.6% 3.0
Semi-detached 138 −30 −17.9% down 30, 17.9% versus July 2023 $170.5M $1,235,723 −$21,363 −1.7% down $21,363, 1.7% versus July 2023 $1,117,500 276 274 105% 13 50.0% 2.0
Att/row/townhouse 55 +5 +10.0% up 5, 10.0% versus July 2023 $65.9M $1,198,107 +$55,533 +4.9% up $55,533, 4.9% versus July 2023 $1,120,000 116 127 103% 20 47.4% 2.3
Condo townhouse 153 +27 +21.4% up 27, 21.4% versus July 2023 $136.1M $889,482 −$80,945 −8.3% down $80,945, 8.3% versus July 2023 $830,000 305 397 103% 19 50.2% 2.6
Condo apartment 1,086 +73 +7.2% up 73, 7.2% versus July 2023 $786.9M $724,549 −$28,971 −3.8% down $28,971, 3.8% versus July 2023 $650,000 2,596 3,733 99% 23 41.8% 3.4
Link low sample 2 +1 +100.0% up 1, 100.0% versus July 2023 $1.9M $965,000 +$19,000 +2.0% up $19,000, 2.0% versus July 2023 $965,000 1 1 97% 50 200.0% 0.5
Co-op apartment 5 −2 −28.6% down 2, 28.6% versus July 2023 $2.8M $559,600 −$58,686 −9.5% down $58,686, 9.5% versus July 2023 $380,000 16 21 99% 29 31.3% 4.2
Detached condo n/a not available, prior month not on file versus July 2023 n/a not available, prior month not on file versus July 2023
Co-ownership apartment low sample 1 −2 −66.7% down 2, 66.7% versus July 2023 $687K $687,000 +$160,667 +30.5% up $160,667, 30.5% versus July 2023 $687,000 6 14 92% 15 16.7% 14.0

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,403 +39 +1.2% up 39, 1.2% versus July 2023 $3.83B $1,125,034 −$22,600 −2.0% down $22,600, 2.0% versus July 2023 7,966 9,569 42.7% 2.8
Detached 1,813 −47 −2.5% down 47, 2.5% versus July 2023 $2.47B $1,361,943 −$5,775 −0.4% down $5,775, 0.4% versus July 2023 4,312 5,529 42.0% 3.0
Semi-detached 308 +31 +11.2% up 31, 11.2% versus July 2023 $305.8M $992,822 −$14,919 −1.5% down $14,919, 1.5% versus July 2023 643 555 47.9% 1.8
Att/row/townhouse 441 +37 +9.2% up 37, 9.2% versus July 2023 $441.4M $1,000,802 −$17,645 −1.7% down $17,645, 1.7% versus July 2023 1,033 992 42.7% 2.3
Condo townhouse 287 −7 −2.4% down 7, 2.4% versus July 2023 $232.6M $810,345 −$22,127 −2.7% down $22,127, 2.7% versus July 2023 624 713 46.0% 2.5
Condo apartment 523 +31 +6.3% up 31, 6.3% versus July 2023 $348.4M $666,167 −$31,226 −4.5% down $31,226, 4.5% versus July 2023 1,297 1,722 40.3% 3.3
Link 23 −5 −17.9% down 5, 17.9% versus July 2023 $23.0M $1,002,082 −$45,854 −4.4% down $45,854, 4.4% versus July 2023 44 39 52.3% 1.7
Co-op apartment low sample 1 +1 up 1 versus July 2023 $460K $460,000 n/a not available, prior month not on file versus July 2023 1 3 100.0% 3.0
Detached condo n/a not available, prior month not on file versus July 2023 n/a not available, prior month not on file versus July 2023
Co-ownership apartment low sample 0 no change no change versus July 2023 $0 n/a not available, prior month not on file versus July 2023 0 0

Trends

All TRREB areas · 13 months to August 2023

Average price

Average price by home type over the 13 months ending August 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
May '23 155656611981851117696868318748483
Jun '23 153099712148721087967851497739395
Jul '23 142725711018761032117873859735171
Aug '23 141636610679801022680837863705572

Sales

Sales by home type over the 13 months ending August 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
May '23 40497878247002568
Jun '23 33776786645692122
Jul '23 23784454544201505
Aug '23 22644464964401609

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending August 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
May '23 56.1425402107598467.5536480686695365.8673061550759464.102564102564158.89908256880734
Jun '23 45.4998652654271156.1723280861640548.823529411764747.45621351125938546.41294838145232
Jul '23 39.46887966804979443.20388349514562537.7389858686616841.7080436941410134.72542685740655
Aug '23 42.5324065376667348.531011969532143.1679721496953947.3627556512378941.330593372720266

Average price change, month-over-month

  • Detached −0.8% down 0.8% versus July 2023
  • Semi-detached −3.1% down 3.1% versus July 2023
  • Att/row/townhouse −0.9% down 0.9% versus July 2023
  • Condo townhouse −4.1% down 4.1% versus July 2023
  • Condo apartment −4.0% down 4.0% versus July 2023

Year to date

Home typeSales$ volumeAverageMedian
All home types 49,162 $55.79B $1,134,781 $980,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment