Source: TRREB MarketWatch, June 2023

By home type

June 2023

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 7,481 −1,531 −17.0% down 1,531, 17.0% versus May 2023 $8.84B $1,182,120 −$13,981 −1.2% down $13,981, 1.2% versus May 2023 $1,010,000 15,865 14,107 104% 14 19 47.1% 1.9
Detached 3,377 −672 −16.6% down 672, 16.6% versus May 2023 $5.17B $1,530,997 −$25,569 −1.6% down $25,569, 1.6% versus May 2023 $1,345,900 7,422 6,476 103% 12 45.5% 1.9
Semi-detached 678 −109 −13.9% down 109, 13.9% versus May 2023 $823.7M $1,214,872 +$16,687 +1.4% up $16,687, 1.4% versus May 2023 $1,125,000 1,207 767 109% 10 56.2% 1.1
Att/row/townhouse 664 −160 −19.4% down 160, 19.4% versus May 2023 $722.4M $1,087,967 −$29,729 −2.7% down $29,729, 2.7% versus May 2023 $999,999 1,360 968 107% 11 48.8% 1.5
Condo townhouse 569 −131 −18.7% down 131, 18.7% versus May 2023 $484.5M $851,497 −$16,821 −1.9% down $16,821, 1.9% versus May 2023 $815,000 1,199 1,004 105% 14 47.5% 1.8
Condo apartment 2,122 −446 −17.4% down 446, 17.4% versus May 2023 $1.57B $739,395 −$9,088 −1.2% down $9,088, 1.2% versus May 2023 $663,550 4,572 4,796 101% 18 46.4% 2.3
Link 43 no change no change versus May 2023 $49.3M $1,147,542 +$72,354 +6.7% up $72,354, 6.7% versus May 2023 $1,140,000 66 40 110% 9 65.2% 0.9
Co-op apartment 9 −6 −40.0% down 6, 40.0% versus May 2023 $7.7M $860,556 +$319,956 +59.2% up $319,956, 59.2% versus May 2023 $590,000 15 25 99% 23 60.0% 2.8
Detached condo 14 −5 −26.3% down 5, 26.3% versus May 2023 $14.1M $1,008,427 −$318,862 −24.0% down $318,862, 24.0% versus May 2023 $957,500 18 18 98% 34 77.8% 1.3
Co-ownership apartment 5 −2 −28.6% down 2, 28.6% versus May 2023 $2.5M $491,900 +$22,629 +4.8% up $22,629, 4.8% versus May 2023 $487,500 6 13 98% 24 83.3% 2.6

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,833 −452 −13.8% down 452, 13.8% versus May 2023 $3.26B $1,152,424 −$44,597 −3.7% down $44,597, 3.7% versus May 2023 $925,000 5,789 5,521 104% 15 20 48.9% 1.9
Detached 807 −163 −16.8% down 163, 16.8% versus May 2023 $1.44B $1,785,128 −$128,004 −6.7% down $128,004, 6.7% versus May 2023 $1,406,000 1,605 1,403 104% 11 50.3% 1.7
Semi-detached 298 +12 +4.2% up 12, 4.2% versus May 2023 $419.7M $1,408,550 +$9,729 +0.7% up $9,729, 0.7% versus May 2023 $1,286,500 432 266 111% 10 69.0% 0.9
Att/row/townhouse 96 −13 −11.9% down 13, 11.9% versus May 2023 $123.8M $1,289,714 −$32,236 −2.4% down $32,236, 2.4% versus May 2023 $1,175,000 159 115 106% 12 60.4% 1.2
Condo townhouse 175 −23 −11.6% down 23, 11.6% versus May 2023 $156.2M $892,843 −$36,112 −3.9% down $36,112, 3.9% versus May 2023 $837,000 379 365 105% 16 46.2% 2.1
Condo apartment 1,437 −257 −15.2% down 257, 15.2% versus May 2023 $1.11B $770,423 −$14,491 −1.8% down $14,491, 1.8% versus May 2023 $680,000 3,187 3,331 102% 18 45.1% 2.3
Link 6 no change no change versus May 2023 $7.1M $1,184,648 −$40,185 −3.3% down $40,185, 3.3% versus May 2023 $1,179,444 7 5 111% 11 85.7% 0.8
Co-op apartment 9 −6 −40.0% down 6, 40.0% versus May 2023 $7.7M $860,556 +$319,956 +59.2% up $319,956, 59.2% versus May 2023 $590,000 12 22 99% 23 75.0% 2.4
Detached condo n/a not available, prior month not on file versus May 2023 n/a not available, prior month not on file versus May 2023
Co-ownership apartment 5 −2 −28.6% down 2, 28.6% versus May 2023 $2.5M $491,900 +$22,629 +4.8% up $22,629, 4.8% versus May 2023 $487,500 6 13 98% 24 83.3% 2.6

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 4,648 −1,079 −18.8% down 1,079, 18.8% versus May 2023 $5.58B $1,200,219 +$4,646 +0.4% up $4,646, 0.4% versus May 2023 10,076 8,586 46.1% 1.9
Detached 2,570 −509 −16.5% down 509, 16.5% versus May 2023 $3.73B $1,451,198 +$6,964 +0.5% up $6,964, 0.5% versus May 2023 5,817 5,073 44.2% 2.0
Semi-detached 380 −121 −24.2% down 121, 24.2% versus May 2023 $403.9M $1,062,988 −$20,663 −1.9% down $20,663, 1.9% versus May 2023 775 501 49.0% 1.3
Att/row/townhouse 568 −147 −20.6% down 147, 20.6% versus May 2023 $598.6M $1,053,870 −$32,688 −3.0% down $32,688, 3.0% versus May 2023 1,201 853 47.3% 1.5
Condo townhouse 394 −108 −21.5% down 108, 21.5% versus May 2023 $328.3M $833,132 −$11,270 −1.3% down $11,270, 1.3% versus May 2023 820 639 48.0% 1.6
Condo apartment 685 −189 −21.6% down 189, 21.6% versus May 2023 $461.9M $674,305 −$3,569 −0.5% down $3,569, 0.5% versus May 2023 1,385 1,465 49.5% 2.1
Link 37 no change no change versus May 2023 $42.2M $1,141,525 +$90,604 +8.6% up $90,604, 8.6% versus May 2023 59 35 62.7% 0.9
Co-op apartment low sample 0 no change no change versus May 2023 $0 n/a not available, prior month not on file versus May 2023 3 3 0.0%
Detached condo n/a not available, prior month not on file versus May 2023 n/a not available, prior month not on file versus May 2023
Co-ownership apartment low sample 0 no change no change versus May 2023 $0 n/a not available, prior month not on file versus May 2023 0 0

Trends

All TRREB areas · 13 months to June 2023

Average price

Average price by home type over the 13 months ending June 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Jun '22 145490211247231028977825447747216
Jul '22 13625981077750997668799953719273
Aug '22 1379700998490987308789386711321
Sep '22 13691861043120990242803964730818
Oct '22 137243810793931023934802969716515
Nov '22 13901621039200993557799029708636
Dec '22 13845861009479954312772038705659
Jan '23 13418481019668976500776698687696
Feb '23 143973510692661050342785448705472
Mar '23 146865110879241036571813036703566
Apr '23 148925811355991093560868997724118
May '23 155656611981851117696868318748483
Jun '23 153099712148721087967851497739395

Sales

Sales by home type over the 13 months ending June 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Jun '22 30126345805171678
Jul '22 22034744293871365
Aug '22 25955265244111507
Sep '22 23345014353951317
Oct '22 23004464353871338
Nov '22 20563864033711289
Dec '22 1352238266258966
Jan '23 1384240277222950
Feb '23 20753994633581455
Mar '23 30005566405272121
Apr '23 34486306415882160
May '23 40497878247002568
Jun '23 33776786645692122

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending June 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Jan '23 42.1437271619975651.6129032258064546.3986599664991642.12523719165085434.45774392455568
Feb '23 56.9116840373011567.9727427597955770.7951070336391657.64895330112721452.020021451555245
Mar '23 60.3378921962992872.0207253886010469.8689956331877762.58907363420427658.916666666666664
Apr '23 65.1426412242584580.3571428571428668.4098185699039571.794871794871862.80895609188718
May '23 56.1425402107598467.5536480686695365.8673061550759464.102564102564158.89908256880734
Jun '23 45.4998652654271156.1723280861640548.823529411764747.45621351125938546.41294838145232

Average price change, month-over-month

  • Detached −1.6% down 1.6% versus May 2023
  • Semi-detached +1.4% up 1.4% versus May 2023
  • Att/row/townhouse −2.7% down 2.7% versus May 2023
  • Condo townhouse −1.9% down 1.9% versus May 2023
  • Condo apartment −1.2% down 1.2% versus May 2023

Year to date

Home typeSales$ volumeAverageMedian
All home types 38,696 $44.29B $1,144,512 $990,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment