Source: TRREB MarketWatch, May 2021

By home type

May 2021

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 11,951 −1,712 −12.5% down 1,712, 12.5% versus April 2021 $13.25B $1,108,453 +$17,461 +1.6% up $17,461, 1.6% versus April 2021 $945,000 18,586 12,253 106% 11 15 64.3% 1.0
Detached 5,718 −798 −12.2% down 798, 12.2% versus April 2021 $8.09B $1,415,698 +$28,069 +2.0% up $28,069, 2.0% versus April 2021 $1,245,000 8,838 5,668 105% 10 64.7% 1.0
Semi-detached 1,233 −71 −5.4% down 71, 5.4% versus April 2021 $1.31B $1,064,361 −$4,562 −0.4% down $4,562, 0.4% versus April 2021 $968,000 1,733 809 110% 9 71.2% 0.7
Att/row/townhouse 1,215 −95 −7.3% down 95, 7.3% versus April 2021 $1.15B $949,983 +$3,571 +0.4% up $3,571, 0.4% versus April 2021 $880,000 1,620 867 108% 10 75.0% 0.7
Condo townhouse 967 −156 −13.9% down 156, 13.9% versus April 2021 $736.1M $761,266 +$7,323 +1.0% up $7,323, 1.0% versus April 2021 $720,000 1,510 972 105% 12 64.0% 1.0
Condo apartment 2,710 −580 −17.6% down 580, 17.6% versus April 2021 $1.85B $682,280 −$9,511 −1.4% down $9,511, 1.4% versus April 2021 $617,250 4,727 3,833 103% 13 57.3% 1.4
Link 82 −11 −11.8% down 11, 11.8% versus April 2021 $78.3M $954,333 −$14,198 −1.5% down $14,198, 1.5% versus April 2021 $917,500 100 37 111% 10 82.0% 0.5
Co-op apartment low sample 4 −8 −66.7% down 8, 66.7% versus April 2021 $3.6M $889,975 +$321,434 +56.5% up $321,434, 56.5% versus April 2021 $817,500 19 39 100% 17 21.1% 9.8
Detached condo 15 +7 +87.5% up 7, 87.5% versus April 2021 $14.8M $986,973 +$102,035 +11.5% up $102,035, 11.5% versus April 2021 $830,000 26 16 106% 8 57.7% 1.1
Co-ownership apartment 7 no change no change versus April 2021 $3.8M $546,571 −$40,488 −6.9% down $40,488, 6.9% versus April 2021 $544,000 13 12 99% 22 53.9% 1.7

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 4,118 −576 −12.3% down 576, 12.3% versus April 2021 $4.60B $1,116,736 +$28,715 +2.6% up $28,715, 2.6% versus April 2021 $890,000 7,051 5,196 106% 12 16 58.4% 1.3
Detached 1,255 −67 −5.1% down 67, 5.1% versus April 2021 $2.15B $1,716,272 +$16,516 +1.0% up $16,516, 1.0% versus April 2021 $1,395,000 2,126 1,479 106% 10 59.0% 1.2
Semi-detached 447 −40 −8.2% down 40, 8.2% versus April 2021 $592.8M $1,326,153 +$17,354 +1.3% up $17,354, 1.3% versus April 2021 $1,189,000 691 363 113% 9 64.7% 0.8
Att/row/townhouse 174 no change no change versus April 2021 $213.4M $1,226,639 +$9,982 +0.8% up $9,982, 0.8% versus April 2021 $1,112,995 255 147 108% 10 68.2% 0.8
Condo townhouse 338 −66 −16.3% down 66, 16.3% versus April 2021 $270.9M $801,367 −$22,870 −2.8% down $22,870, 2.8% versus April 2021 $735,000 587 418 106% 12 57.6% 1.2
Condo apartment 1,881 −396 −17.4% down 396, 17.4% versus April 2021 $1.35B $716,976 −$10,161 −1.4% down $10,161, 1.4% versus April 2021 $639,000 3,351 2,754 103% 13 56.1% 1.5
Link 12 −1 −7.7% down 1, 7.7% versus April 2021 $11.2M $936,250 +$4,842 +0.5% up $4,842, 0.5% versus April 2021 $936,500 12 4 110% 15 100.0% 0.3
Co-op apartment low sample 3 −7 −70.0% down 7, 70.0% versus April 2021 $3.1M $1,028,333 +$417,684 +68.4% up $417,684, 68.4% versus April 2021 $975,000 14 18 100% 17 21.4% 6.0
Detached condo low sample 1 +1 up 1 versus April 2021 $931K $931,000 +$931,000 up $931,000 versus April 2021 $931,000 2 1 117% 9 50.0% 1.0
Co-ownership apartment 7 no change no change versus April 2021 $3.8M $546,571 −$40,488 −6.9% down $40,488, 6.9% versus April 2021 $544,000 13 12 99% 22 53.9% 1.7

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 7,833 −1,136 −12.7% down 1,136, 12.7% versus April 2021 $8.65B $1,104,098 +$11,551 +1.1% up $11,551, 1.1% versus April 2021 11,535 7,057 67.9% 0.9
Detached 4,463 −731 −14.1% down 731, 14.1% versus April 2021 $5.94B $1,331,176 +$22,992 +1.8% up $22,992, 1.8% versus April 2021 6,712 4,189 66.5% 0.9
Semi-detached 786 −31 −3.8% down 31, 3.8% versus April 2021 $719.6M $915,479 −$10,458 −1.1% down $10,458, 1.1% versus April 2021 1,042 446 75.4% 0.6
Att/row/townhouse 1,041 −95 −8.4% down 95, 8.4% versus April 2021 $940.8M $903,741 −$1,278 −0.1% down $1,278, 0.1% versus April 2021 1,365 720 76.3% 0.7
Condo townhouse 629 −90 −12.5% down 90, 12.5% versus April 2021 $465.3M $739,717 +$25,272 +3.5% up $25,272, 3.5% versus April 2021 923 554 68.2% 0.9
Condo apartment 829 −184 −18.2% down 184, 18.2% versus April 2021 $500.3M $603,555 −$8,785 −1.4% down $8,785, 1.4% versus April 2021 1,376 1,079 60.3% 1.3
Link 70 −10 −12.5% down 10, 12.5% versus April 2021 $67.0M $957,433 −$17,131 −1.8% down $17,131, 1.8% versus April 2021 88 33 79.5% 0.5
Co-op apartment low sample 1 −1 −50.0% down 1, 50.0% versus April 2021 $475K $474,900 +$116,900 +32.7% up $116,900, 32.7% versus April 2021 5 21 20.0% 21.0
Detached condo 14 +6 +75.0% up 6, 75.0% versus April 2021 $13.9M $990,971 +$106,033 +12.0% up $106,033, 12.0% versus April 2021 24 15 58.3% 1.1
Co-ownership apartment low sample 0 no change no change versus April 2021 $0 n/a not available, prior month not on file versus April 2021 0 0

Trends

All TRREB areas · 13 months to May 2021

Average price

Average price by home type over the 13 months ending May 2021.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
May '20 1033341867717743380618532625445
Jun '20 1127419929138786390654897631704
Jul '20 1154356915451795330647470635778
Aug '20 1172880905712806239660177629643
Sep '20 1184700922269822046656991634756
Oct '20 1204844935429821590662572622122
Nov '20 1202281946735833114657370605863
Dec '20 1240632939660871210669204600840
Jan '21 1359915996794913923699713600830
Feb '21 13717911050820941037744854642346
Mar '21 14028491045519951984765521676052
Apr '21 13876291068923946412753943691791
May '21 14156981064361949983761266682280

Sales

Sales by home type over the 13 months ending May 2021.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
May '20 22854634463691002
Jun '20 44457988876861793
Jul '20 5633106810817712423
Aug '20 5429106410578182286
Sep '20 5559114010518462367
Oct '20 526310719898532260
Nov '20 42228888137142032
Dec '20 30385916306522193
Jan '21 27665065455792471
Feb '21 494397710627793116
Mar '21 75771479148211493821
Apr '21 65161304131011233290
May '21 5718123312159672710

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending May 2021.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
May '20 50.5307386112339769.9395770392749262.8169014084507161.1940298507462739.66745843230404
Jun '20 57.05300988319855563.68715083798882461.8981158408932367.057673509286439.6243093922652
Jul '20 67.3803827751196175.2642706131078372.7946127946127965.897435897435945.29818657693026
Aug '20 65.4017588242380470.6038487060384967.1111111111111160.59259259259259540.8287194141811
Sep '20 62.0354871108135367.736185383244264.5577395577395557.9055441478439536.52777777777778
Oct '20 70.7297406262599176.6642806012884776.6666666666666765.4141104294478636.49281446794768
Nov '20 90.9521757862990196.5217391304347894.8658109684947478.2037239868565249.53681131155534
Dec '20 127.21943048576215129.8901098901099124.01574803149606139.0191897654584110.20100502512562
Jan '21 68.737574552683971.1673699015471264.5734597156398182.0113314447592180.59360730593608
Feb '21 65.0908612062154471.1580480699198968.0769230769230873.2831608654750791.3782991202346
Mar '21 66.0535262836718769.8630136986301463.79681446405509666.6860127684271678.15504193086521
Apr '21 64.8551806509405868.4155299055613965.9285354806240565.8264947245017666.05099377635013
May '21 64.697895451459671.148297749567227564.0397350993377557.330230590226364

Average price change, month-over-month

  • Detached +2.0% up 2.0% versus April 2021
  • Semi-detached −0.4% down 0.4% versus April 2021
  • Att/row/townhouse +0.4% up 0.4% versus April 2021
  • Condo townhouse +1.0% up 1.0% versus April 2021
  • Condo apartment −1.4% down 1.4% versus April 2021

Year to date

Home typeSales$ volumeAverageMedian
All home types 59,077 $63.40B $1,073,104 $925,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment