TORONTO HOUSING Single Family Detached, Town House and Condo Average Prices with Total Residential Listings and Sales.
See also the charts comparing 10 year changes in Ontario employment earnings and the relative values of TORONTO STRATA units as a percentage of single family dwellings
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In December 2020 Toronto total residential housing sales after zooming M/M in July are now 44% below the June 2016 high and the higher highs and lower lows could be a serious mixed message moving into 1Q 2021. Total residential inventory is 65% below the May 2013 high but total sales-to-listings produced a 91% absorption rate as buyers pushed detached and townhouse prices up to new peaks. Meanwhile condo prices have been put on ice. |
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Absorption rates based on total listing inventory and total sales have come off their hysterical run and did plunge quickly from 152% in March 2017. ABSORPTION RATE RECORDS
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This comparison chart of Vancouver vs Toronto shows the scale of the perceived value differential between the two most manic and expensive Canadian cities.
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