Source: TRREB MarketWatch, December 2021

By home type

December 2021

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 6,031 −2,986 −33.1% down 2,986, 33.1% versus November 2021 $6.98B $1,157,849 −$5,474 −0.5% down $5,474, 0.5% versus November 2021 $1,017,100 5,174 3,232 109% 14 19 116.6% 0.5
Detached 2,437 −1,420 −36.8% down 1,420, 36.8% versus November 2021 $3.90B $1,598,735 +$30,903 +2.0% up $30,903, 2.0% versus November 2021 $1,415,000 2,182 1,334 109% 13 111.7% 0.6
Semi-detached 501 −254 −33.6% down 254, 33.6% versus November 2021 $591.7M $1,181,046 −$24,970 −2.1% down $24,970, 2.1% versus November 2021 $1,120,000 436 94 116% 9 114.9% 0.2
Att/row/townhouse 502 −228 −31.2% down 228, 31.2% versus November 2021 $570.6M $1,136,657 +$41,087 +3.8% up $41,087, 3.8% versus November 2021 $1,087,500 458 117 116% 8 109.6% 0.2
Condo townhouse 481 −238 −33.1% down 238, 33.1% versus November 2021 $407.2M $846,525 +$20,050 +2.4% up $20,050, 2.4% versus November 2021 $823,000 421 174 111% 10 114.3% 0.4
Condo apartment 2,058 −810 −28.2% down 810, 28.2% versus November 2021 $1.47B $711,933 −$3,171 −0.4% down $3,171, 0.4% versus November 2021 $650,000 1,638 1,488 103% 19 125.6% 0.7
Link 32 −30 −48.4% down 30, 48.4% versus November 2021 $37.3M $1,164,128 +$48,823 +4.4% up $48,823, 4.4% versus November 2021 $1,127,500 26 1 122% 8 123.1% 0.0
Co-op apartment 6 −5 −45.5% down 5, 45.5% versus November 2021 $5.4M $902,642 +$219,340 +32.1% up $219,340, 32.1% versus November 2021 $686,000 5 14 110% 26 120.0% 2.3
Detached condo 5 −2 −28.6% down 2, 28.6% versus November 2021 $4.4M $888,000 −$20,286 −2.2% down $20,286, 2.2% versus November 2021 $845,000 5 4 104% 22 100.0% 0.8
Co-ownership apartment 9 +1 +12.5% up 1, 12.5% versus November 2021 $5.1M $569,222 +$60,409 +11.9% up $60,409, 11.9% versus November 2021 $500,000 3 6 98% 35 300.0% 0.7

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,395 −1,192 −33.2% down 1,192, 33.2% versus November 2021 $2.45B $1,023,029 −$73,707 −6.7% down $73,707, 6.7% versus November 2021 $802,000 1,963 1,806 106% 19 25 122.0% 0.8
Detached 567 −351 −38.2% down 351, 38.2% versus November 2021 $962.9M $1,698,178 −$109,805 −6.1% down $109,805, 6.1% versus November 2021 $1,415,000 502 395 108% 16 113.0% 0.7
Semi-detached 154 −129 −45.6% down 129, 45.6% versus November 2021 $206.7M $1,342,429 −$89,559 −6.3% down $89,559, 6.3% versus November 2021 $1,159,500 119 62 112% 15 129.4% 0.4
Att/row/townhouse 65 −51 −44.0% down 51, 44.0% versus November 2021 $81.4M $1,252,131 −$27,373 −2.1% down $27,373, 2.1% versus November 2021 $1,200,000 54 38 111% 12 120.4% 0.6
Condo townhouse 144 −121 −45.7% down 121, 45.7% versus November 2021 $127.0M $882,139 +$30,714 +3.6% up $30,714, 3.6% versus November 2021 $830,000 117 104 108% 17 123.1% 0.7
Condo apartment 1,447 −534 −27.0% down 534, 27.0% versus November 2021 $1.06B $730,792 −$15,159 −2.0% down $15,159, 2.0% versus November 2021 $650,000 1,160 1,189 102% 20 124.7% 0.8
Link low sample 4 −1 −20.0% down 1, 20.0% versus November 2021 $4.9M $1,236,500 +$201,900 +19.5% up $201,900, 19.5% versus November 2021 $1,257,500 5 0 126% 6 80.0% 0.0
Co-op apartment 5 −5 −50.0% down 5, 50.0% versus November 2021 $4.6M $922,370 +$213,238 +30.1% up $213,238, 30.1% versus November 2021 $568,000 3 12 111% 27 166.7% 2.4
Detached condo low sample 0 −1 −100.0% down 1, 100.0% versus November 2021 $0 $0 −$899,000 −100.0% down $899,000, 100.0% versus November 2021 0 0
Co-ownership apartment 9 +1 +12.5% up 1, 12.5% versus November 2021 $5.1M $569,222 +$60,409 +11.9% up $60,409, 11.9% versus November 2021 $500,000 3 6 98% 35 300.0% 0.7

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,636 −1,794 −33.0% down 1,794, 33.0% versus November 2021 $4.53B $1,246,654 +$39,345 +3.3% up $39,345, 3.3% versus November 2021 3,211 1,426 113.2% 0.4
Detached 1,870 −1,069 −36.4% down 1,069, 36.4% versus November 2021 $2.93B $1,568,583 +$75,762 +5.1% up $75,762, 5.1% versus November 2021 1,680 939 111.3% 0.5
Semi-detached 347 −125 −26.5% down 125, 26.5% versus November 2021 $385.0M $1,109,424 +$38,895 +3.6% up $38,895, 3.6% versus November 2021 317 32 109.5% 0.1
Att/row/townhouse 437 −177 −28.8% down 177, 28.8% versus November 2021 $489.2M $1,119,481 +$58,662 +5.5% up $58,662, 5.5% versus November 2021 404 79 108.2% 0.2
Condo townhouse 337 −117 −25.8% down 117, 25.8% versus November 2021 $280.2M $831,307 +$19,396 +2.4% up $19,396, 2.4% versus November 2021 304 70 110.9% 0.2
Condo apartment 611 −276 −31.1% down 276, 31.1% versus November 2021 $407.7M $667,269 +$21,057 +3.3% up $21,057, 3.3% versus November 2021 478 299 127.8% 0.5
Link 28 −29 −50.9% down 29, 50.9% versus November 2021 $32.3M $1,153,789 +$31,404 +2.8% up $31,404, 2.8% versus November 2021 21 1 133.3% 0.0
Co-op apartment low sample 1 no change no change versus November 2021 $804K $804,000 +$379,000 +89.2% up $379,000, 89.2% versus November 2021 2 2 50.0% 2.0
Detached condo 5 −1 −16.7% down 1, 16.7% versus November 2021 $4.4M $888,000 −$21,833 −2.4% down $21,833, 2.4% versus November 2021 5 4 100.0% 0.8
Co-ownership apartment low sample 0 no change no change versus November 2021 $0 n/a not available, prior month not on file versus November 2021 0 0

Trends

All TRREB areas · 13 months to December 2021

Average price

Average price by home type over the 13 months ending December 2021.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Dec '20 1240632939660871210669204600840
Jan '21 1359915996794913923699713600830
Feb '21 13717911050820941037744854642346
Mar '21 14028491045519951984765521676052
Apr '21 13876291068923946412753943691791
May '21 14156981064361949983761266682280
Jun '21 14075401055640945212755622683479
Jul '21 14054781027895950038748433674490
Aug '21 14238071031580977127764742688568
Sep '21 152646511146961016269789983708521
Oct '21 154043211517701085547823017703698
Nov '21 156783212060161095570826475715104
Dec '21 159873511810461136657846525711933

Sales

Sales by home type over the 13 months ending December 2021.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Dec '20 30385916306522193
Jan '21 27665065455792471
Feb '21 494397710627793116
Mar '21 75771479148211493821
Apr '21 65161304131011233290
May '21 5718123312159672710
Jun '21 5169105610798922800
Jul '21 41218688538412614
Aug '21 37047507767332544
Sep '21 39088248217372664
Oct '21 42798788327972899
Nov '21 38577557307192868
Dec '21 24375015024812058

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending December 2021.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
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

Average price change, month-over-month

  • Detached +2.0% up 2.0% versus November 2021
  • Semi-detached −2.1% down 2.1% versus November 2021
  • Att/row/townhouse +3.8% up 3.8% versus November 2021
  • Condo townhouse +2.4% up 2.4% versus November 2021
  • Condo apartment −0.4% down 0.4% versus November 2021

Year to date

Home typeSales$ volumeAverageMedian
All home types 121,712 $133.33B $1,095,475 $941,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment