Source: TRREB MarketWatch, December 2022

By home type

December 2022

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,117 −1,427 −31.4% down 1,427, 31.4% versus November 2022 $3.28B $1,051,216 −$28,179 −2.6% down $28,179, 2.6% versus November 2022 $888,000 4,074 8,692 98% 27 40 76.5% 2.8
Detached 1,352 −704 −34.2% down 704, 34.2% versus November 2022 $1.87B $1,384,586 −$5,576 −0.4% down $5,576, 0.4% versus November 2022 $1,181,000 1,753 3,718 97% 26 77.1% 2.8
Semi-detached 238 −148 −38.3% down 148, 38.3% versus November 2022 $240.3M $1,009,479 −$29,721 −2.9% down $29,721, 2.9% versus November 2022 $957,050 293 400 99% 21 81.2% 1.7
Att/row/townhouse 266 −137 −34.0% down 137, 34.0% versus November 2022 $253.8M $954,312 −$39,245 −3.9% down $39,245, 3.9% versus November 2022 $905,000 316 492 101% 22 84.2% 1.9
Condo townhouse 258 −113 −30.5% down 113, 30.5% versus November 2022 $199.2M $772,038 −$26,991 −3.4% down $26,991, 3.4% versus November 2022 $735,000 283 589 99% 29 91.2% 2.3
Condo apartment 966 −323 −25.1% down 323, 25.1% versus November 2022 $681.7M $705,659 −$2,977 −0.4% down $2,977, 0.4% versus November 2022 $625,000 1,392 3,430 97% 31 69.4% 3.5
Link 21 −2 −8.7% down 2, 8.7% versus November 2022 $20.2M $963,205 −$122,943 −11.3% down $122,943, 11.3% versus November 2022 $875,000 18 18 107% 19 116.7% 0.9
Co-op apartment 8 no change no change versus November 2022 $4.0M $499,375 −$67,313 −11.9% down $67,313, 11.9% versus November 2022 $359,500 10 18 95% 48 80.0% 2.3
Detached condo 5 no change no change versus November 2022 $4.2M $837,600 −$65,400 −7.2% down $65,400, 7.2% versus November 2022 $885,000 4 12 97% 51 125.0% 2.4
Co-ownership apartment low sample 3 no change no change versus November 2022 $1.3M $438,333 +$50,333 +13.0% up $50,333, 13.0% versus November 2022 $400,000 5 15 98% 26 60.0% 5.0

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,162 −636 −35.4% down 636, 35.4% versus November 2022 $1.18B $1,017,989 −$32,799 −3.1% down $32,799, 3.1% versus November 2022 $810,000 1,510 3,594 97% 28 40 77.0% 3.1
Detached 310 −232 −42.8% down 232, 42.8% versus November 2022 $504.6M $1,627,635 +$67,087 +4.3% up $67,087, 4.3% versus November 2022 $1,245,000 359 822 97% 27 86.3% 2.6
Semi-detached 83 −86 −50.9% down 86, 50.9% versus November 2022 $95.6M $1,152,073 −$34,943 −2.9% down $34,943, 2.9% versus November 2022 $1,055,000 101 179 98% 23 82.2% 2.2
Att/row/townhouse 38 −29 −43.3% down 29, 43.3% versus November 2022 $40.9M $1,076,226 −$147,967 −12.1% down $147,967, 12.1% versus November 2022 $1,009,650 38 62 98% 22 100.0% 1.6
Condo townhouse 72 −39 −35.1% down 39, 35.1% versus November 2022 $55.8M $774,884 −$81,893 −9.6% down $81,893, 9.6% versus November 2022 $750,000 89 216 99% 28 80.9% 3.0
Condo apartment 646 −253 −28.1% down 253, 28.1% versus November 2022 $479.1M $741,584 +$6,787 +0.9% up $6,787, 0.9% versus November 2022 $635,000 909 2,288 97% 30 71.1% 3.5
Link low sample 2 n/a not available, prior month not on file versus November 2022 $1.7M $826,500 n/a not available, prior month not on file versus November 2022 $826,500 2 1 103% 7 100.0% 0.5
Co-op apartment 8 +1 +14.3% up 1, 14.3% versus November 2022 $4.0M $499,375 −$75,411 −13.1% down $75,411, 13.1% versus November 2022 $359,500 6 11 95% 48 133.3% 1.4
Detached condo n/a not available, prior month not on file versus November 2022 n/a not available, prior month not on file versus November 2022
Co-ownership apartment low sample 3 no change no change versus November 2022 $1.3M $438,333 +$50,333 +13.0% up $50,333, 13.0% versus November 2022 $400,000 5 14 98% 26 60.0% 4.7

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,955 −791 −28.8% down 791, 28.8% versus November 2022 $2.09B $1,070,966 −$27,161 −2.5% down $27,161, 2.5% versus November 2022 2,564 5,098 76.3% 2.6
Detached 1,042 −472 −31.2% down 472, 31.2% versus November 2022 $1.37B $1,312,278 −$16,886 −1.3% down $16,886, 1.3% versus November 2022 1,394 2,896 74.8% 2.8
Semi-detached 155 −62 −28.6% down 62, 28.6% versus November 2022 $144.6M $933,122 +$9,042 +1.0% up $9,042, 1.0% versus November 2022 192 221 80.7% 1.4
Att/row/townhouse 228 −108 −32.1% down 108, 32.1% versus November 2022 $213.0M $933,993 −$13,574 −1.4% down $13,574, 1.4% versus November 2022 278 430 82.0% 1.9
Condo townhouse 186 −74 −28.5% down 74, 28.5% versus November 2022 $143.4M $770,936 −$3,438 −0.4% down $3,438, 0.4% versus November 2022 194 373 95.9% 2.0
Condo apartment 320 −70 −17.9% down 70, 17.9% versus November 2022 $202.6M $633,135 −$15,197 −2.3% down $15,197, 2.3% versus November 2022 483 1,142 66.3% 3.6
Link 19 n/a not available, prior month not on file versus November 2022 $18.6M $977,595 n/a not available, prior month not on file versus November 2022 16 17 118.8% 0.9
Co-op apartment low sample 0 −1 −100.0% down 1, 100.0% versus November 2022 $0 n/a not available, prior month not on file versus November 2022 4 7 0.0%
Detached condo n/a not available, prior month not on file versus November 2022 n/a not available, prior month not on file versus November 2022
Co-ownership apartment low sample 0 no change no change versus November 2022 $0 n/a not available, prior month not on file versus November 2022 0 1

Trends

All TRREB areas · 13 months to December 2022

Average price

Average price by home type over the 13 months ending December 2022.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Dec '21 159873511810461136657846525711933
Jan '22 174131813122731221726936264748566
Feb '22 179720313584151254460963700799966
Mar '22 169739613170481212542948292808566
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

Sales

Sales by home type over the 13 months ending December 2022.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Dec '21 24375015024812058
Jan '22 22394454584332016
Feb '22 39287518557192772
Mar '22 48849839728703154
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

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending December 2022.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Dec '21 111.68652612282311114.90825688073394109.60698689956332114.25178147268409125.64102564102564
Jan '22 64.3390804597701270.522979397781372.4683544303797573.2656514382402778.50467289719626
Feb '22 59.14771871706068461.8106995884773763.239644970414271.0474308300395372.58444619010213
Mar '22 51.7976455615653954.7327394209354246.6410748560460757.4257425742574262.579365079365076
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

Average price change, month-over-month

  • Detached −0.4% down 0.4% versus November 2022
  • Semi-detached −2.9% down 2.9% versus November 2022
  • Att/row/townhouse −3.9% down 3.9% versus November 2022
  • Condo townhouse −3.4% down 3.4% versus November 2022
  • Condo apartment −0.4% down 0.4% versus November 2022

Year to date

Home typeSales$ volumeAverageMedian
All home types 75,140 $89.41B $1,189,850 $1,020,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment