Source: TRREB MarketWatch, August 2024

By home type

August 2024

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 4,975 −416 −7.7% down 416, 7.7% versus July 2024 $5.35B $1,074,425 −$32,192 −2.9% down $32,192, 2.9% versus July 2024 $925,000 12,547 22,653 99% 28 44 39.6% 4.5
Detached 2,218 −228 −9.3% down 228, 9.3% versus July 2024 $3.14B $1,414,070 −$11,857 −0.8% down $11,857, 0.8% versus July 2024 $1,215,000 5,465 9,614 98% 26 40.6% 4.3
Semi-detached 427 −44 −9.3% down 44, 9.3% versus July 2024 $438.3M $1,026,435 −$41,141 −3.9% down $41,141, 3.9% versus July 2024 $965,000 841 1,083 101% 21 50.8% 2.5
Att/row/townhouse 496 −8 −1.6% down 8, 1.6% versus July 2024 $491.7M $991,307 −$27,424 −2.7% down $27,424, 2.7% versus July 2024 $939,000 1,195 1,768 101% 24 41.5% 3.6
Condo townhouse 376 −59 −13.6% down 59, 13.6% versus July 2024 $286.0M $760,750 −$34,011 −4.3% down $34,011, 4.3% versus July 2024 $735,000 995 1,699 100% 29 37.8% 4.5
Condo apartment 1,417 −65 −4.4% down 65, 4.4% versus July 2024 $956.1M $674,706 −$43,992 −6.1% down $43,992, 6.1% versus July 2024 $608,800 3,959 8,336 98% 35 35.8% 5.9
Link 31 −6 −16.2% down 6, 16.2% versus July 2024 $30.5M $982,592 −$58,624 −5.6% down $58,624, 5.6% versus July 2024 $915,000 58 71 100% 20 53.5% 2.3
Co-op apartment 7 +1 +16.7% up 1, 16.7% versus July 2024 $4.3M $616,500 −$197,983 −24.3% down $197,983, 24.3% versus July 2024 $582,500 12 31 95% 54 58.3% 4.4
Detached condo low sample 2 −2 −50.0% down 2, 50.0% versus July 2024 $1.5M $772,500 −$422,250 −35.3% down $422,250, 35.3% versus July 2024 $772,500 16 35 95% 61 12.5% 17.5
Co-ownership apartment low sample 1 −5 −83.3% down 5, 83.3% versus July 2024 $459K $459,000 +$14,667 +3.3% up $14,667, 3.3% versus July 2024 $459,000 6 16 100% 69 16.7% 16.0

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,718 −269 −13.5% down 269, 13.5% versus July 2024 $1.77B $1,029,069 −$58,367 −5.4% down $58,367, 5.4% versus July 2024 $814,000 4,177 8,625 99% 30 47 41.1% 5.0
Detached 484 −117 −19.5% down 117, 19.5% versus July 2024 $819.0M $1,692,239 +$44,218 +2.7% up $44,218, 2.7% versus July 2024 $1,300,000 946 1,809 98% 25 51.2% 3.7
Semi-detached 133 −38 −22.2% down 38, 22.2% versus July 2024 $160.2M $1,204,678 −$49,602 −4.0% down $49,602, 4.0% versus July 2024 $1,079,000 246 353 102% 21 54.1% 2.6
Att/row/townhouse 59 −11 −15.7% down 11, 15.7% versus July 2024 $65.2M $1,104,497 −$125,549 −10.2% down $125,549, 10.2% versus July 2024 $1,050,000 105 195 101% 21 56.2% 3.3
Condo townhouse 110 −24 −17.9% down 24, 17.9% versus July 2024 $88.0M $800,446 −$34,715 −4.2% down $34,715, 4.2% versus July 2024 $782,500 297 548 99% 34 37.0% 5.0
Condo apartment 922 −72 −7.2% down 72, 7.2% versus July 2024 $628.7M $681,835 −$66,495 −8.9% down $66,495, 8.9% versus July 2024 $615,000 2,564 5,672 99% 34 36.0% 6.2
Link low sample 2 −4 −66.7% down 4, 66.7% versus July 2024 $2.0M $1,017,500 −$99,000 −8.9% down $99,000, 8.9% versus July 2024 $1,017,500 5 9 106% 10 40.0% 4.5
Co-op apartment 7 +2 +40.0% up 2, 40.0% versus July 2024 $4.3M $616,500 −$297,880 −32.6% down $297,880, 32.6% versus July 2024 $582,500 8 23 95% 54 87.5% 3.3
Detached condo n/a not available, prior month not on file versus July 2024 n/a not available, prior month not on file versus July 2024
Co-ownership apartment low sample 1 −5 −83.3% down 5, 83.3% versus July 2024 $459K $459,000 +$14,667 +3.3% up $14,667, 3.3% versus July 2024 $459,000 6 16 100% 69 16.7% 16.0

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,257 −147 −4.3% down 147, 4.3% versus July 2024 $3.58B $1,098,349 −$19,465 −1.7% down $19,465, 1.7% versus July 2024 8,370 14,028 38.9% 4.3
Detached 1,734 −111 −6.0% down 111, 6.0% versus July 2024 $2.32B $1,336,427 −$17,155 −1.3% down $17,155, 1.3% versus July 2024 4,519 7,805 38.4% 4.5
Semi-detached 294 −6 −2.0% down 6, 2.0% versus July 2024 $278.1M $945,801 −$15,353 −1.6% down $15,353, 1.6% versus July 2024 595 730 49.4% 2.5
Att/row/townhouse 437 +3 +0.7% up 3, 0.7% versus July 2024 $426.5M $976,025 −$8,622 −0.9% down $8,622, 0.9% versus July 2024 1,090 1,573 40.1% 3.6
Condo townhouse 266 −35 −11.6% down 35, 11.6% versus July 2024 $198.0M $744,334 −$32,441 −4.2% down $32,441, 4.2% versus July 2024 698 1,151 38.1% 4.3
Condo apartment 495 +7 +1.4% up 7, 1.4% versus July 2024 $327.4M $661,427 +$3,087 +0.5% up $3,087, 0.5% versus July 2024 1,395 2,664 35.5% 5.4
Link 29 −2 −6.5% down 2, 6.5% versus July 2024 $28.4M $980,184 −$46,461 −4.5% down $46,461, 4.5% versus July 2024 53 62 54.7% 2.1
Co-op apartment low sample 0 −1 −100.0% down 1, 100.0% versus July 2024 $0 n/a not available, prior month not on file versus July 2024 4 8 0.0%
Detached condo n/a not available, prior month not on file versus July 2024 n/a not available, prior month not on file versus July 2024
Co-ownership apartment low sample 0 no change no change versus July 2024 $0 n/a not available, prior month not on file versus July 2024 0 0

Trends

All TRREB areas · 13 months to August 2024

Average price

Average price by home type over the 13 months ending August 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Aug '23 141636610679801022680837863705572
Sep '23 144078610940741043076810495707065
Oct '23 145011211027211042124791299708780
Nov '23 14035001060829984357778402710501
Dec '23 14183231027432996162790721682525
Jan '24 13508281038303963504792834681979
Feb '24 144361211238961034011814412695345
Mar '24 146639711216451039124821146700046
Apr '24 151607011399291044986841266728067
May '24 150667511738191040141836642730815
Jun '24 148039911029041021866826268727861
Jul '24 142592710675761018731794761718698
Aug '24 14140701026435991307760750674706

Sales

Sales by home type over the 13 months ending August 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Aug '23 22644464964401609
Sep '23 21494024183231307
Oct '23 21574284023241296
Nov '23 18814043633331212
Dec '23 1521324369254944
Jan '24 17453434423231335
Feb '24 24954635544621586
Mar '24 28935796435351842
Apr '24 31756206555742013
May '24 32386166245251942
Jun '24 29885995674871520
Jul '24 24464715044351482
Aug '24 22184274963761417

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending August 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Aug '23 42.5324065376667348.531011969532143.1679721496953947.3627556512378941.330593372720266
Sep '23 28.78767582049564734.38836612489307530.91715976331361328.01387684301821726.17140568682419
Oct '23 33.4626124728513840.3393025447690833.952702702702732.04747774480712528.247602441150825
Nov '23 43.2413793103448355.2667578659370841.1098527746319440.3636363636363633.06055646481178
Dec '23 99.60707269155206144100.544959128065479.8742138364779966.57263751763047
Jan '24 53.808202281837872.6694915254237267.6875957120980249.3129770992366441.382517048977064
Feb '24 51.4114980424479763.1650750341064154.5275590551181150.60240963855421441.81386765093593
Mar '24 51.4768683274021463.2096069868995654.9572649572649652.6057030481809342.9170549860205
Apr '24 42.2207446808510655.0133096716947646.8526466380543647.1264367816091936.32262721039336
May '24 38.2606640671156848.88888888888888639.7452229299363138.5745775165319633.23066392881588
Jun '24 36.7256637168141647.95836669335468434.6153846153846138.07662236121970527.536231884057973
Jul '24 34.95783907388880643.2506887052341633.4661354581673334.7166799680766127.79966235227912
Aug '24 40.58554437328453450.7728894173602941.5062761506276137.7889447236180935.79186663298813

Average price change, month-over-month

  • Detached −0.8% down 0.8% versus July 2024
  • Semi-detached −3.9% down 3.9% versus July 2024
  • Att/row/townhouse −2.7% down 2.7% versus July 2024
  • Condo townhouse −4.3% down 4.3% versus July 2024
  • Condo apartment −6.1% down 6.1% versus July 2024

Year to date

Home typeSales$ volumeAverageMedian
All home types 46,864 $52.57B $1,121,832 $962,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment