Source: TRREB MarketWatch, February 2023
By home type
February 2023
All TRREB areas
| Home type | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
| All home types | 4,783 | ▲ +1,683 +54.3% up 1,683, 54.3% versus January 2023 | $5.24B | $1,095,617 | ▲ +$56,949 +5.5% up $56,949, 5.5% versus January 2023 | $940,000 | 8,367 | 9,643 | 100% | 22 | 33 | 57.2% | 2.0 |
| Detached | 2,075 | ▲ +691 +49.9% up 691, 49.9% versus January 2023 | $2.99B | $1,439,735 | ▲ +$97,887 +7.3% up $97,887, 7.3% versus January 2023 | $1,257,000 | 3,646 | 4,091 | 99% | 21 | — | 56.9% | 2.0 |
| Semi-detached | 399 | ▲ +159 +66.3% up 159, 66.3% versus January 2023 | $426.6M | $1,069,266 | ▲ +$49,598 +4.9% up $49,598, 4.9% versus January 2023 | $980,000 | 587 | 445 | 102% | 15 | — | 68.0% | 1.1 |
| Att/row/townhouse | 463 | ▲ +186 +67.1% up 186, 67.1% versus January 2023 | $486.3M | $1,050,342 | ▲ +$73,842 +7.6% up $73,842, 7.6% versus January 2023 | $968,000 | 654 | 516 | 104% | 17 | — | 70.8% | 1.1 |
| Condo townhouse | 358 | ▲ +136 +61.3% up 136, 61.3% versus January 2023 | $281.2M | $785,448 | ▲ +$8,750 +1.1% up $8,750, 1.1% versus January 2023 | $752,000 | 621 | 656 | 101% | 22 | — | 57.6% | 1.8 |
| Condo apartment | 1,455 | ▲ +505 +53.2% up 505, 53.2% versus January 2023 | $1.03B | $705,472 | ▲ +$17,776 +2.6% up $17,776, 2.6% versus January 2023 | $630,000 | 2,797 | 3,864 | 98% | 27 | — | 52.0% | 2.7 |
| Link | 24 | ▲ +10 +71.4% up 10, 71.4% versus January 2023 | $26.9M | $1,118,949 | ▲ +$151,688 +15.7% up $151,688, 15.7% versus January 2023 | $1,125,000 | 36 | 24 | 106% | 13 | — | 66.7% | 1.0 |
| Co-op apartment low sample | 4 | ▲ +1 +33.3% up 1, 33.3% versus January 2023 | $1.9M | $476,472 | ▼ −$57,361 −10.7% down $57,361, 10.7% versus January 2023 | $376,000 | 9 | 22 | 97% | 24 | — | 44.4% | 5.5 |
| Detached condo low sample | 2 | ▼ −3 −60.0% down 3, 60.0% versus January 2023 | $2.1M | $1,044,500 | ▲ +$105,500 +11.2% up $105,500, 11.2% versus January 2023 | $1,044,500 | 9 | 15 | 106% | 7 | — | 22.2% | 7.5 |
| Co-ownership apartment low sample | 3 | ▼ −2 −40.0% down 2, 40.0% versus January 2023 | $1.4M | $478,504 | ▲ +$85,304 +21.7% up $85,304, 21.7% versus January 2023 | $450,000 | 8 | 10 | 96% | 15 | — | 37.5% | 3.3 |
City of Toronto (416)
| Home type | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
| All home types | 1,745 | ▲ +637 +57.5% up 637, 57.5% versus January 2023 | $1.87B | $1,071,043 | ▲ +$83,201 +8.4% up $83,201, 8.4% versus January 2023 | $850,000 | 3,314 | 4,110 | 100% | 24 | 35 | 52.7% | 2.4 |
| Detached | 482 | ▲ +164 +51.6% up 164, 51.6% versus January 2023 | $825.4M | $1,712,364 | ▲ +$226,240 +15.2% up $226,240, 15.2% versus January 2023 | $1,346,500 | 867 | 920 | 100% | 19 | — | 55.6% | 1.9 |
| Semi-detached | 144 | ▲ +60 +71.4% up 60, 71.4% versus January 2023 | $184.4M | $1,280,380 | ▲ +$129,874 +11.3% up $129,874, 11.3% versus January 2023 | $1,133,000 | 222 | 198 | 102% | 19 | — | 64.9% | 1.4 |
| Att/row/townhouse | 57 | ▲ +29 +103.6% up 29, 103.6% versus January 2023 | $75.8M | $1,330,019 | ▼ −$1,370 −0.1% down $1,370, 0.1% versus January 2023 | $1,150,000 | 94 | 85 | 103% | 17 | — | 60.6% | 1.5 |
| Condo townhouse | 104 | ▲ +40 +62.5% up 40, 62.5% versus January 2023 | $86.0M | $827,395 | ▼ −$579 −0.1% down $579, 0.1% versus January 2023 | $777,500 | 200 | 236 | 103% | 24 | — | 52.0% | 2.3 |
| Condo apartment | 952 | ▲ +348 +57.6% up 348, 57.6% versus January 2023 | $693.3M | $728,271 | ▲ +$17,100 +2.4% up $17,100, 2.4% versus January 2023 | $648,000 | 1,912 | 2,640 | 98% | 27 | — | 49.8% | 2.8 |
| Link low sample | 2 | ▲ +1 +100.0% up 1, 100.0% versus January 2023 | $2.2M | $1,122,500 | ▼ −$12,500 −1.1% down $12,500, 1.1% versus January 2023 | $1,122,500 | 3 | 3 | 99% | 15 | — | 66.7% | 1.5 |
| Co-op apartment low sample | 1 | ▼ −2 −66.7% down 2, 66.7% versus January 2023 | $382K | $382,000 | ▼ −$151,833 −28.4% down $151,833, 28.4% versus January 2023 | $382,000 | 8 | 18 | 99% | 7 | — | 12.5% | 18.0 |
| Detached condo | — | n/a not available, prior month not on file versus January 2023 | — | — | n/a not available, prior month not on file versus January 2023 | — | — | — | — | — | — | — | — |
| Co-ownership apartment low sample | 3 | ▼ −2 −40.0% down 2, 40.0% versus January 2023 | $1.4M | $478,504 | ▲ +$85,304 +21.7% up $85,304, 21.7% versus January 2023 | $450,000 | 8 | 10 | 96% | 15 | — | 37.5% | 3.3 |
905 total
| Home type | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
| All home types | 3,038 | ▲ +1,046 +52.5% up 1,046, 52.5% versus January 2023 | $3.37B | $1,109,731 | ▲ +$42,793 +4.0% up $42,793, 4.0% versus January 2023 | — | 5,053 | 5,533 | — | — | — | 60.1% | 1.8 |
| Detached | 1,593 | ▲ +527 +49.4% up 527, 49.4% versus January 2023 | $2.16B | $1,357,245 | ▲ +$58,437 +4.5% up $58,437, 4.5% versus January 2023 | — | 2,779 | 3,171 | — | — | — | 57.3% | 2.0 |
| Semi-detached | 255 | ▲ +99 +63.5% up 99, 63.5% versus January 2023 | $242.3M | $950,049 | ▲ +$832 +0.1% up $832, 0.1% versus January 2023 | — | 365 | 247 | — | — | — | 69.9% | 1.0 |
| Att/row/townhouse | 406 | ▲ +157 +63.1% up 157, 63.1% versus January 2023 | $410.5M | $1,011,077 | ▲ +$74,484 +8.0% up $74,484, 8.0% versus January 2023 | — | 560 | 431 | — | — | — | 72.5% | 1.1 |
| Condo townhouse | 254 | ▲ +96 +60.8% up 96, 60.8% versus January 2023 | $195.1M | $768,273 | ▲ +$12,345 +1.6% up $12,345, 1.6% versus January 2023 | — | 421 | 420 | — | — | — | 60.3% | 1.6 |
| Condo apartment | 503 | ▲ +157 +45.4% up 157, 45.4% versus January 2023 | $333.1M | $662,323 | ▲ +$15,607 +2.4% up $15,607, 2.4% versus January 2023 | — | 885 | 1,224 | — | — | — | 56.8% | 2.4 |
| Link | 22 | ▲ +9 +69.2% up 9, 69.2% versus January 2023 | $24.6M | $1,118,626 | ▲ +$164,268 +17.2% up $164,268, 17.2% versus January 2023 | — | 33 | 21 | — | — | — | 66.7% | 0.9 |
| Co-op apartment low sample | 3 | ▲ +3 up 3 versus January 2023 | $1.5M | $507,963 | n/a not available, prior month not on file versus January 2023 | — | 1 | 4 | — | — | — | 300.0% | 1.3 |
| Detached condo | — | n/a not available, prior month not on file versus January 2023 | — | — | n/a not available, prior month not on file versus January 2023 | — | — | — | — | — | — | — | — |
| Co-ownership apartment low sample | 0 | no change no change versus January 2023 | $0 | — | n/a not available, prior month not on file versus January 2023 | — | 0 | 0 | — | — | — | — | — |
Trends
All TRREB areas · 13 months to February 2023
Average price
Average price by home type over the 13 months ending February 2023. | Month | Detached | Semi-detached | Att/row/townhouse | Condo townhouse | Condo apartment |
| Feb '22 | 1797203 | 1358415 | 1254460 | 963700 | 799966 |
| Mar '22 | 1697396 | 1317048 | 1212542 | 948292 | 808566 |
| Apr '22 | 1628343 | 1259243 | 1119648 | 909207 | 789869 |
| May '22 | 1549498 | 1204893 | 1063177 | 857113 | 770894 |
| Jun '22 | 1454902 | 1124723 | 1028977 | 825447 | 747216 |
| Jul '22 | 1362598 | 1077750 | 997668 | 799953 | 719273 |
| Aug '22 | 1379700 | 998490 | 987308 | 789386 | 711321 |
| Sep '22 | 1369186 | 1043120 | 990242 | 803964 | 730818 |
| Oct '22 | 1372438 | 1079393 | 1023934 | 802969 | 716515 |
| Nov '22 | 1390162 | 1039200 | 993557 | 799029 | 708636 |
| Dec '22 | 1384586 | 1009479 | 954312 | 772038 | 705659 |
| Jan '23 | 1341848 | 1019668 | 976500 | 776698 | 687696 |
| Feb '23 | 1439735 | 1069266 | 1050342 | 785448 | 705472 |
Sales
Sales by home type over the 13 months ending February 2023. | Month | Detached | Semi-detached | Att/row/townhouse | Condo townhouse | Condo apartment |
| Feb '22 | 3928 | 751 | 855 | 719 | 2772 |
| Mar '22 | 4884 | 983 | 972 | 870 | 3154 |
| Apr '22 | 3600 | 802 | 716 | 652 | 2173 |
| May '22 | 3366 | 752 | 729 | 522 | 1848 |
| Jun '22 | 3012 | 634 | 580 | 517 | 1678 |
| Jul '22 | 2203 | 474 | 429 | 387 | 1365 |
| Aug '22 | 2595 | 526 | 524 | 411 | 1507 |
| Sep '22 | 2334 | 501 | 435 | 395 | 1317 |
| Oct '22 | 2300 | 446 | 435 | 387 | 1338 |
| Nov '22 | 2056 | 386 | 403 | 371 | 1289 |
| Dec '22 | 1352 | 238 | 266 | 258 | 966 |
| Jan '23 | 1384 | 240 | 277 | 222 | 950 |
| Feb '23 | 2075 | 399 | 463 | 358 | 1455 |
Sales-to-new-listings
Sales-to-new-listings ratio by home type over the 13 months ending February 2023. | Month | Detached | Semi-detached | Att/row/townhouse | Condo townhouse | Condo apartment |
| Feb '22 | 59.147718717060684 | 61.81069958847737 | 63.2396449704142 | 71.04743083003953 | 72.58444619010213 |
| Mar '22 | 51.79764556156539 | 54.73273942093542 | 46.64107485604607 | 57.42574257425742 | 62.579365079365076 |
| Apr '22 | 41.71978213002666 | 46.79113185530922 | 40.7977207977208 | 45.08990318118949 | 46.0088926529748 |
| May '22 | 38.23262153566561 | 44.70868014268728 | 43.08510638297872 | 36.94267515923567 | 37.29566094853683 |
| Jun '22 | 39.496459480723836 | 47.455089820359284 | 44.44444444444444 | 39.107413010590015 | 36.156000861883214 |
| Jul '22 | 40.08369723435226 | 53.98633257403189 | 45.15789473684211 | 40.10362694300518 | 37.37677984665936 |
| Aug '22 | 53.77123912142561 | 66.16352201257861 | 63.82460414129111 | 47.56944444444444 | 47.93256997455471 |
| Sep '22 | 45.023148148148145 | 60.36144578313253 | 53.97022332506204 | 45.45454545454545 | 38.118668596237335 |
| Oct '22 | 47.74756072244135 | 61.179698216735254 | 58.155080213903744 | 50.19455252918288 | 41.28355445850047 |
| Nov '22 | 51.99797673242287 | 63.38259441707718 | 55.35714285714286 | 56.468797564687975 | 44.89724834552421 |
| Dec '22 | 77.124928693668 | 81.22866894197952 | 84.17721518987342 | 91.16607773851591 | 69.39655172413794 |
| Jan '23 | 42.14372716199756 | 51.61290322580645 | 46.39865996649916 | 42.125237191650854 | 34.45774392455568 |
| Feb '23 | 56.91168403730115 | 67.97274275979557 | 70.79510703363916 | 57.648953301127214 | 52.020021451555245 |
Average price change, month-over-month
- Detached ▲ +7.3% up 7.3% versus January 2023
- Semi-detached ▲ +4.9% up 4.9% versus January 2023
- Att/row/townhouse ▲ +7.6% up 7.6% versus January 2023
- Condo townhouse ▲ +1.1% up 1.1% versus January 2023
- Condo apartment ▲ +2.6% up 2.6% versus January 2023
Year to date
| Home type | Sales | $ volume | Average | Median |
|---|
| All home types | 7,877 | $8.45B | $1,073,138 | $925,000 |
| Detached | — | — | — | — |
| Semi-detached | — | — | — | — |
| Att/row/townhouse | — | — | — | — |
| Condo townhouse | — | — | — | — |
| Condo apartment | — | — | — | — |
| Link | — | — | — | — |
| Co-op apartment | — | — | — | — |
| Detached condo | — | — | — | — |
| Co-ownership apartment | — | — | — | — |