Source: TRREB MarketWatch, June 2024

By home type

June 2024

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 6,213 −800 −11.4% down 800, 11.4% versus May 2024 $7.22B $1,162,167 −$3,524 −0.3% down $3,524, 0.3% versus May 2024 $990,000 17,964 23,613 100% 20 30 34.6% 3.8
Detached 2,988 −250 −7.7% down 250, 7.7% versus May 2024 $4.42B $1,480,399 −$26,276 −1.7% down $26,276, 1.7% versus May 2024 $1,285,000 8,136 10,130 100% 18 36.7% 3.4
Semi-detached 599 −17 −2.8% down 17, 2.8% versus May 2024 $660.6M $1,102,904 −$70,915 −6.0% down $70,915, 6.0% versus May 2024 $1,005,000 1,249 1,118 104% 15 48.0% 1.9
Att/row/townhouse 567 −57 −9.1% down 57, 9.1% versus May 2024 $579.4M $1,021,866 −$18,275 −1.8% down $18,275, 1.8% versus May 2024 $950,000 1,638 1,760 102% 17 34.6% 3.1
Condo townhouse 487 −38 −7.2% down 38, 7.2% versus May 2024 $402.4M $826,268 −$10,374 −1.2% down $10,374, 1.2% versus May 2024 $772,000 1,279 1,646 101% 23 38.1% 3.4
Condo apartment 1,520 −422 −21.7% down 422, 21.7% versus May 2024 $1.11B $727,861 −$2,954 −0.4% down $2,954, 0.4% versus May 2024 $635,000 5,520 8,806 99% 27 27.5% 5.8
Link 33 −9 −21.4% down 9, 21.4% versus May 2024 $36.3M $1,100,573 +$23,390 +2.2% up $23,390, 2.2% versus May 2024 $1,015,000 84 74 106% 14 39.3% 2.2
Co-op apartment 9 −5 −35.7% down 5, 35.7% versus May 2024 $4.9M $546,000 −$228,707 −29.5% down $228,707, 29.5% versus May 2024 $415,000 21 36 98% 42 42.9% 4.0
Detached condo 6 −1 −14.3% down 1, 14.3% versus May 2024 $5.2M $870,333 −$139,167 −13.8% down $139,167, 13.8% versus May 2024 $789,500 21 24 98% 19 28.6% 4.0
Co-ownership apartment low sample 4 −1 −20.0% down 1, 20.0% versus May 2024 $1.9M $469,875 −$54,683 −10.4% down $54,683, 10.4% versus May 2024 $442,250 16 19 98% 72 25.0% 4.8

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,236 −465 −17.2% down 465, 17.2% versus May 2024 $2.62B $1,173,781 −$19,421 −1.6% down $19,421, 1.6% versus May 2024 $930,444 6,820 9,623 101% 20 30 32.8% 4.3
Detached 744 −107 −12.6% down 107, 12.6% versus May 2024 $1.31B $1,758,649 −$67,721 −3.7% down $67,721, 3.7% versus May 2024 $1,396,500 1,871 2,174 101% 15 39.8% 2.9
Semi-detached 236 −38 −13.9% down 38, 13.9% versus May 2024 $302.8M $1,282,973 −$133,523 −9.4% down $133,523, 9.4% versus May 2024 $1,161,500 467 408 105% 13 50.5% 1.7
Att/row/townhouse 63 −21 −25.0% down 21, 25.0% versus May 2024 $83.1M $1,319,736 −$2,836 −0.2% down $2,836, 0.2% versus May 2024 $1,293,000 194 228 103% 16 32.5% 3.6
Condo townhouse 169 −2 −1.2% down 2, 1.2% versus May 2024 $150.8M $892,432 −$16,029 −1.8% down $16,029, 1.8% versus May 2024 $805,000 425 552 101% 22 39.8% 3.3
Condo apartment 1,014 −283 −21.8% down 283, 21.8% versus May 2024 $773.8M $763,148 −$3,916 −0.5% down $3,916, 0.5% versus May 2024 $650,000 3,822 6,201 99% 26 26.5% 6.1
Link n/a not available, prior month not on file versus May 2024 n/a not available, prior month not on file versus May 2024
Co-op apartment 6 −8 −57.1% down 8, 57.1% versus May 2024 $3.7M $613,667 −$161,040 −20.8% down $161,040, 20.8% versus May 2024 $595,000 17 29 98% 33 35.3% 4.8
Detached condo n/a not available, prior month not on file versus May 2024 n/a not available, prior month not on file versus May 2024
Co-ownership apartment low sample 4 no change no change versus May 2024 $1.9M $469,875 −$104,572 −18.2% down $104,572, 18.2% versus May 2024 $442,250 16 19 98% 72 25.0% 4.8

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,977 −335 −7.8% down 335, 7.8% versus May 2024 $4.60B $1,155,637 +$7,179 +0.6% up $7,179, 0.6% versus May 2024 11,144 13,990 35.7% 3.5
Detached 2,244 −143 −6.0% down 143, 6.0% versus May 2024 $3.11B $1,388,144 −$4,555 −0.3% down $4,555, 0.3% versus May 2024 6,265 7,956 35.8% 3.5
Semi-detached 363 +21 +6.1% up 21, 6.1% versus May 2024 $357.9M $985,834 +$6,440 +0.7% up $6,440, 0.7% versus May 2024 782 710 46.4% 2.0
Att/row/townhouse 504 −36 −6.7% down 36, 6.7% versus May 2024 $496.3M $984,632 −$11,575 −1.2% down $11,575, 1.2% versus May 2024 1,444 1,532 34.9% 3.0
Condo townhouse 318 −36 −10.2% down 36, 10.2% versus May 2024 $251.6M $791,106 −$10,843 −1.4% down $10,843, 1.4% versus May 2024 854 1,094 37.2% 3.4
Condo apartment 506 −139 −21.6% down 139, 21.6% versus May 2024 $332.5M $657,147 −$778 −0.1% down $778, 0.1% versus May 2024 1,698 2,605 29.8% 5.2
Link n/a not available, prior month not on file versus May 2024 n/a not available, prior month not on file versus May 2024
Co-op apartment low sample 3 +3 up 3 versus May 2024 $1.2M $410,667 n/a not available, prior month not on file versus May 2024 4 7 75.0% 2.3
Detached condo n/a not available, prior month not on file versus May 2024 n/a not available, prior month not on file versus May 2024
Co-ownership apartment low sample 0 −1 −100.0% down 1, 100.0% versus May 2024 $0 n/a not available, prior month not on file versus May 2024 0 0

Trends

All TRREB areas · 13 months to June 2024

Average price

Average price by home type over the 13 months ending June 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Jun '23 153099712148721087967851497739395
Jul '23 142725711018761032117873859735171
Aug '23 141636610679801022680837863705572
Sep '23 144078610940741043076810495707065
Oct '23 145011211027211042124791299708780
Nov '23 14035001060829984357778402710501
Dec '23 14183231027432996162790721682525
Jan '24 13508281038303963504792834681979
Feb '24 144361211238961034011814412695345
Mar '24 146639711216451039124821146700046
Apr '24 151607011399291044986841266728067
May '24 150667511738191040141836642730815
Jun '24 148039911029041021866826268727861

Sales

Sales by home type over the 13 months ending June 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Jun '23 33776786645692122
Jul '23 23784454544201505
Aug '23 22644464964401609
Sep '23 21494024183231307
Oct '23 21574284023241296
Nov '23 18814043633331212
Dec '23 1521324369254944
Jan '24 17453434423231335
Feb '24 24954635544621586
Mar '24 28935796435351842
Apr '24 31756206555742013
May '24 32386166245251942
Jun '24 29885995674871520

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending June 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Jun '23 45.4998652654271156.1723280861640548.823529411764747.45621351125938546.41294838145232
Jul '23 39.46887966804979443.20388349514562537.7389858686616841.7080436941410134.72542685740655
Aug '23 42.5324065376667348.531011969532143.1679721496953947.3627556512378941.330593372720266
Sep '23 28.78767582049564734.38836612489307530.91715976331361328.01387684301821726.17140568682419
Oct '23 33.4626124728513840.3393025447690833.952702702702732.04747774480712528.247602441150825
Nov '23 43.2413793103448355.2667578659370841.1098527746319440.3636363636363633.06055646481178
Dec '23 99.60707269155206144100.544959128065479.8742138364779966.57263751763047
Jan '24 53.808202281837872.6694915254237267.6875957120980249.3129770992366441.382517048977064
Feb '24 51.4114980424479763.1650750341064154.5275590551181150.60240963855421441.81386765093593
Mar '24 51.4768683274021463.2096069868995654.9572649572649652.6057030481809342.9170549860205
Apr '24 42.2207446808510655.0133096716947646.8526466380543647.1264367816091936.32262721039336
May '24 38.2606640671156848.88888888888888639.7452229299363138.5745775165319633.23066392881588
Jun '24 36.7256637168141647.95836669335468434.6153846153846138.07662236121970527.536231884057973

Average price change, month-over-month

  • Detached −1.7% down 1.7% versus May 2024
  • Semi-detached −6.0% down 6.0% versus May 2024
  • Att/row/townhouse −1.8% down 1.8% versus May 2024
  • Condo townhouse −1.2% down 1.2% versus May 2024
  • Condo apartment −0.4% down 0.4% versus May 2024

Year to date

Home typeSales$ volumeAverageMedian
All home types 36,586 $41.37B $1,130,744 $974,750
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment