Source: TRREB MarketWatch, May 2025

By home type

May 2025

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 6,244 +643 +11.5% up 643, 11.5% versus April 2025 $7.00B $1,120,879 +$13,416 +1.2% up $13,416, 1.2% versus April 2025 $955,000 21,819 30,964 99% 25 39 28.6% 5.0
Detached 2,998 +442 +17.3% up 442, 17.3% versus April 2025 $4.27B $1,425,264 −$6,231 −0.4% down $6,231, 0.4% versus April 2025 $1,230,000 10,316 13,770 98% 23 29.1% 4.6
Semi-detached 617 +52 +9.2% up 52, 9.2% versus April 2025 $677.7M $1,098,447 +$9,599 +0.9% up $9,599, 0.9% versus April 2025 $990,000 1,549 1,680 103% 18 39.8% 2.7
Att/row/townhouse 650 +79 +13.8% up 79, 13.8% versus April 2025 $647.2M $995,662 −$9,825 −1.0% down $9,825, 1.0% versus April 2025 $915,000 1,917 2,287 101% 23 33.9% 3.5
Condo townhouse 421 +9 +2.2% up 9, 2.2% versus April 2025 $321.3M $763,172 −$20,763 −2.6% down $20,763, 2.6% versus April 2025 $733,500 1,577 2,378 100% 27 26.7% 5.7
Condo apartment 1,482 +52 +3.6% up 52, 3.6% versus April 2025 $1.01B $683,413 +$5,365 +0.8% up $5,365, 0.8% versus April 2025 $595,000 6,199 10,523 97% 33 23.9% 7.1
Link 54 +6 +12.5% up 6, 12.5% versus April 2025 $51.2M $947,691 −$53,850 −5.4% down $53,850, 5.4% versus April 2025 $902,625 161 156 99% 16 33.5% 2.9
Co-op apartment 6 −3 −33.3% down 3, 33.3% versus April 2025 $2.9M $491,000 −$356,667 −42.1% down $356,667, 42.1% versus April 2025 $507,000 58 100 98% 30 10.3% 16.7
Detached condo 11 +8 +266.7% up 8, 266.7% versus April 2025 $10.3M $935,364 −$308,603 −24.8% down $308,603, 24.8% versus April 2025 $795,000 28 43 97% 38 39.3% 3.9
Co-ownership apartment 5 −2 −28.6% down 2, 28.6% versus April 2025 $2.4M $475,900 +$98,400 +26.1% up $98,400, 26.1% versus April 2025 $535,000 14 27 96% 49 35.7% 5.4

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,315 +186 +8.7% up 186, 8.7% versus April 2025 $2.68B $1,155,616 +$10,639 +0.9% up $10,639, 0.9% versus April 2025 $927,500 7,888 11,705 100% 26 39 29.4% 5.1
Detached 781 +53 +7.3% up 53, 7.3% versus April 2025 $1.34B $1,719,937 +$19,227 +1.1% up $19,227, 1.1% versus April 2025 $1,385,000 2,409 3,025 99% 22 32.4% 3.9
Semi-detached 277 +24 +9.5% up 24, 9.5% versus April 2025 $359.9M $1,299,387 +$33,065 +2.6% up $33,065, 2.6% versus April 2025 $1,188,000 624 618 104% 17 44.4% 2.2
Att/row/townhouse 112 +41 +57.7% up 41, 57.7% versus April 2025 $145.4M $1,298,627 −$77,542 −5.6% down $77,542, 5.6% versus April 2025 $1,221,000 276 283 102% 23 40.6% 2.5
Condo townhouse 158 +24 +17.9% up 24, 17.9% versus April 2025 $127.2M $804,887 −$24,024 −2.9% down $24,024, 2.9% versus April 2025 $750,000 507 817 100% 30 31.2% 5.2
Condo apartment 973 +48 +5.2% up 48, 5.2% versus April 2025 $690.7M $709,905 −$819 −0.1% down $819, 0.1% versus April 2025 $607,000 4,013 6,855 97% 32 24.3% 7.0
Link low sample 4 +1 +33.3% up 1, 33.3% versus April 2025 $3.9M $982,000 −$60,000 −5.8% down $60,000, 5.8% versus April 2025 $1,059,000 7 14 100% 14 57.1% 3.5
Co-op apartment 5 −3 −37.5% down 3, 37.5% versus April 2025 $2.4M $477,200 −$421,425 −46.9% down $421,425, 46.9% versus April 2025 $489,000 38 67 97% 34 13.2% 13.4
Detached condo n/a not available, prior month not on file versus April 2025 n/a not available, prior month not on file versus April 2025
Co-ownership apartment 5 −2 −28.6% down 2, 28.6% versus April 2025 $2.4M $475,900 +$98,400 +26.1% up $98,400, 26.1% versus April 2025 $535,000 14 26 96% 49 35.7% 5.2

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,929 +457 +13.2% up 457, 13.2% versus April 2025 $4.32B $1,100,412 +$15,952 +1.5% up $15,952, 1.5% versus April 2025 13,931 19,259 28.2% 4.9
Detached 2,217 +389 +21.3% up 389, 21.3% versus April 2025 $2.93B $1,321,458 −$2,822 −0.2% down $2,822, 0.2% versus April 2025 7,907 10,745 28.0% 4.8
Semi-detached 340 +28 +9.0% up 28, 9.0% versus April 2025 $317.8M $934,740 −$10,194 −1.1% down $10,194, 1.1% versus April 2025 925 1,062 36.8% 3.1
Att/row/townhouse 538 +38 +7.6% up 38, 7.6% versus April 2025 $501.7M $932,591 −$20,259 −2.1% down $20,259, 2.1% versus April 2025 1,641 2,004 32.8% 3.7
Condo townhouse 263 −15 −5.4% down 15, 5.4% versus April 2025 $194.1M $738,111 −$24,144 −3.2% down $24,144, 3.2% versus April 2025 1,070 1,561 24.6% 5.9
Condo apartment 509 +4 +0.8% up 4, 0.8% versus April 2025 $322.1M $632,771 +$14,575 +2.4% up $14,575, 2.4% versus April 2025 2,186 3,668 23.3% 7.2
Link 50 +5 +11.1% up 5, 11.1% versus April 2025 $47.2M $944,947 −$53,897 −5.4% down $53,897, 5.4% versus April 2025 154 142 32.5% 2.8
Co-op apartment low sample 1 no change no change versus April 2025 $560K $560,000 +$120,000 +27.3% up $120,000, 27.3% versus April 2025 20 33 5.0% 33.0
Detached condo n/a not available, prior month not on file versus April 2025 n/a not available, prior month not on file versus April 2025
Co-ownership apartment low sample 0 no change no change versus April 2025 $0 n/a not available, prior month not on file versus April 2025 0 1

Trends

All TRREB areas · 13 months to May 2025

Average price

Average price by home type over the 13 months ending May 2025.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
May '24 150667511738191040141836642730815
Jun '24 148039911029041021866826268727861
Jul '24 142592710675761018731794761718698
Aug '24 14140701026435991307760750674706
Sep '24 14230561090749982656791077682543
Oct '24 146283811083761007417785827694038
Nov '24 14525181077254994251753352689599
Dec '24 139920910885431015505767688681855
Jan '25 13774301047728983856802905670675
Feb '25 14458791079996991066802862688055
Mar '25 143926811117911001043789129682019
Apr '25 143149510888481005487783935678048
May '25 14252641098447995662763172683413

Sales

Sales by home type over the 13 months ending May 2025.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
May '24 32386166245251942
Jun '24 29885995674871520
Jul '24 24464715044351482
Aug '24 22184274963761417
Sep '24 23544464963441312
Oct '24 31396126814421722
Nov '24 26695025824271640
Dec '24 1423292377276960
Jan '25 15803494093161161
Feb '25 17063564042961225
Mar '25 21554855053941404
Apr '25 25565655714121430
May '25 29986176504211482

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending May 2025.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
May '24 38.2606640671156848.88888888888888639.7452229299363138.5745775165319633.23066392881588
Jun '24 36.7256637168141647.95836669335468434.6153846153846138.07662236121970527.536231884057973
Jul '24 34.95783907388880643.2506887052341633.4661354581673334.7166799680766127.79966235227912
Aug '24 40.58554437328453450.7728894173602941.5062761506276137.7889447236180935.79186663298813
Sep '24 28.15789473684210336.7683429513602630.5043050430504325.69081404032860424.220047997046336
Oct '24 46.10074900866500556.7717996289424949.67177242888402637.5531011045029735.957402380455214
Nov '24 54.79367686306713462.98619824341279455.6937799043062248.1397970687711441.858090862685046
Dec '24 78.4886927744070796.0526315789473781.2572.6315789473684257.17689100655152
Jan '25 31.647.6125511596180138.7677725118483434.199134199134225.29962954892133
Feb '25 33.7354162546964644.61152882205513537.5464684014869932.34972677595628530.00979911807937
Mar '25 28.8063093169362441.6666666666666731.68130489335006729.75830815709969825.583090379008745
Apr '25 30.0812051312227838.9924085576259536.07075173720783627.48498999332888525.47203420021375
May '25 29.0616518030244339.8321497740477733.9071465832029226.69625871908687423.907081787385064

Average price change, month-over-month

  • Detached −0.4% down 0.4% versus April 2025
  • Semi-detached +0.9% up 0.9% versus April 2025
  • Att/row/townhouse −1.0% down 1.0% versus April 2025
  • Condo townhouse −2.6% down 2.6% versus April 2025
  • Condo apartment +0.8% up 0.8% versus April 2025

Year to date

Home typeSales$ volumeAverageMedian
All home types 24,755 $27.09B $1,094,186 $940,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment