Source: TRREB MarketWatch, July 2023

By home type

July 2023

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 5,250 −2,231 −29.8% down 2,231, 29.8% versus June 2023 $5.87B $1,118,374 −$63,746 −5.4% down $63,746, 5.4% versus June 2023 $974,000 13,712 15,371 102% 17 24 38.3% 2.9
Detached 2,378 −999 −29.6% down 999, 29.6% versus June 2023 $3.39B $1,427,257 −$103,740 −6.8% down $103,740, 6.8% versus June 2023 $1,260,000 6,025 6,817 101% 16 39.5% 2.9
Semi-detached 445 −233 −34.4% down 233, 34.4% versus June 2023 $490.3M $1,101,876 −$112,996 −9.3% down $112,996, 9.3% versus June 2023 $1,050,000 1,030 825 105% 13 43.2% 1.9
Att/row/townhouse 454 −210 −31.6% down 210, 31.6% versus June 2023 $468.6M $1,032,117 −$55,850 −5.1% down $55,850, 5.1% versus June 2023 $993,000 1,203 1,112 104% 13 37.7% 2.5
Condo townhouse 420 −149 −26.2% down 149, 26.2% versus June 2023 $367.0M $873,859 +$22,362 +2.6% up $22,362, 2.6% versus June 2023 $797,000 1,007 1,103 104% 17 41.7% 2.6
Condo apartment 1,505 −617 −29.1% down 617, 29.1% versus June 2023 $1.11B $735,171 −$4,224 −0.6% down $4,224, 0.6% versus June 2023 $651,500 4,334 5,416 100% 21 34.7% 3.6
Link 29 −14 −32.6% down 14, 32.6% versus June 2023 $30.3M $1,044,421 −$103,121 −9.0% down $103,121, 9.0% versus June 2023 $960,000 65 40 104% 14 44.6% 1.4
Co-op apartment 7 −2 −22.2% down 2, 22.2% versus June 2023 $4.3M $618,286 −$242,270 −28.2% down $242,270, 28.2% versus June 2023 $463,000 19 26 99% 26 36.8% 3.7
Detached condo 9 −5 −35.7% down 5, 35.7% versus June 2023 $8.9M $986,767 −$21,660 −2.1% down $21,660, 2.1% versus June 2023 $885,000 24 22 102% 18 37.5% 2.4
Co-ownership apartment low sample 3 −2 −40.0% down 2, 40.0% versus June 2023 $1.6M $526,333 +$34,433 +7.0% up $34,433, 7.0% versus June 2023 $550,000 5 10 98% 63 60.0% 3.3

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,886 −947 −33.4% down 947, 33.4% versus June 2023 $2.01B $1,066,184 −$86,240 −7.5% down $86,240, 7.5% versus June 2023 $866,550 5,117 6,059 103% 18 24 36.9% 3.2
Detached 518 −289 −35.8% down 289, 35.8% versus June 2023 $850.1M $1,641,045 −$144,083 −8.1% down $144,083, 8.1% versus June 2023 $1,330,000 1,199 1,371 102% 15 43.2% 2.6
Semi-detached 168 −130 −43.6% down 130, 43.6% versus June 2023 $211.2M $1,257,086 −$151,464 −10.8% down $151,464, 10.8% versus June 2023 $1,177,500 371 288 108% 12 45.3% 1.7
Att/row/townhouse 50 −46 −47.9% down 46, 47.9% versus June 2023 $57.1M $1,142,574 −$147,140 −11.4% down $147,140, 11.4% versus June 2023 $1,096,000 127 138 105% 12 39.4% 2.8
Condo townhouse 126 −49 −28.0% down 49, 28.0% versus June 2023 $122.3M $970,427 +$77,584 +8.7% up $77,584, 8.7% versus June 2023 $850,000 347 419 109% 20 36.3% 3.3
Condo apartment 1,013 −424 −29.5% down 424, 29.5% versus June 2023 $763.3M $753,520 −$16,903 −2.2% down $16,903, 2.2% versus June 2023 $660,000 3,043 3,802 100% 20 33.3% 3.8
Link low sample 1 −5 −83.3% down 5, 83.3% versus June 2023 $946K $946,000 −$238,648 −20.1% down $238,648, 20.1% versus June 2023 $946,000 5 5 98% 31 20.0% 5.0
Co-op apartment 7 −2 −22.2% down 2, 22.2% versus June 2023 $4.3M $618,286 −$242,270 −28.2% down $242,270, 28.2% versus June 2023 $463,000 18 23 99% 26 38.9% 3.3
Detached condo n/a not available, prior month not on file versus June 2023 n/a not available, prior month not on file versus June 2023
Co-ownership apartment low sample 3 −2 −40.0% down 2, 40.0% versus June 2023 $1.6M $526,333 +$34,433 +7.0% up $34,433, 7.0% versus June 2023 $550,000 5 10 98% 63 60.0% 3.3

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,364 −1,284 −27.6% down 1,284, 27.6% versus June 2023 $3.86B $1,147,634 −$52,586 −4.4% down $52,586, 4.4% versus June 2023 8,595 9,312 39.1% 2.8
Detached 1,860 −710 −27.6% down 710, 27.6% versus June 2023 $2.54B $1,367,718 −$83,480 −5.8% down $83,480, 5.8% versus June 2023 4,826 5,446 38.5% 2.9
Semi-detached 277 −103 −27.1% down 103, 27.1% versus June 2023 $279.1M $1,007,742 −$55,246 −5.2% down $55,246, 5.2% versus June 2023 659 537 42.0% 1.9
Att/row/townhouse 404 −164 −28.9% down 164, 28.9% versus June 2023 $411.5M $1,018,446 −$35,423 −3.4% down $35,423, 3.4% versus June 2023 1,076 974 37.5% 2.4
Condo townhouse 294 −100 −25.4% down 100, 25.4% versus June 2023 $244.7M $832,472 −$661 −0.1% down $661, 0.1% versus June 2023 660 684 44.5% 2.3
Condo apartment 492 −193 −28.2% down 193, 28.2% versus June 2023 $343.1M $697,393 +$23,088 +3.4% up $23,088, 3.4% versus June 2023 1,291 1,614 38.1% 3.3
Link 28 −9 −24.3% down 9, 24.3% versus June 2023 $29.3M $1,047,937 −$93,589 −8.2% down $93,589, 8.2% versus June 2023 60 35 46.7% 1.3
Co-op apartment low sample 0 no change no change versus June 2023 $0 n/a not available, prior month not on file versus June 2023 1 3 0.0%
Detached condo n/a not available, prior month not on file versus June 2023 n/a not available, prior month not on file versus June 2023
Co-ownership apartment low sample 0 no change no change versus June 2023 $0 n/a not available, prior month not on file versus June 2023 0 0

Trends

All TRREB areas · 13 months to July 2023

Average price

Average price by home type over the 13 months ending July 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Jul '23 142725711018761032117873859735171

Sales

Sales by home type over the 13 months ending July 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Jul '23 23784454544201505

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending July 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Jul '23 39.46887966804979443.20388349514562537.7389858686616841.7080436941410134.72542685740655

Average price change, month-over-month

  • Detached −6.8% down 6.8% versus June 2023
  • Semi-detached −9.3% down 9.3% versus June 2023
  • Att/row/townhouse −5.1% down 5.1% versus June 2023
  • Condo townhouse +2.6% up 2.6% versus June 2023
  • Condo apartment −0.6% down 0.6% versus June 2023

Year to date

Home typeSales$ volumeAverageMedian
All home types 43,908 $50.11B $1,141,260 $986,700
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment