TORONTO HOUSING Single Family Detached, Town House and Condo Average Prices with Total Residential Listings and Sales.
SEE ALSO CHART COMPARISONS OF EARNINGS & COMMODIFIED HOUSING VALUES FOR
VANCOUVER, CALGARY and TORONTO
VANCOUVER, CALGARY and TORONTO
CLICK CHART TO ENLARGE
NOTE: Toronto Strata Unit Data changed from median to average at August 2011 and Toronto GTA - SFD average prices began March 2009. Prior SFD data points are actually combined residential + 24.5% which is the average percentage difference between combined residential and SFD over 24 months from March 2009 through February 2011.
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In October 2019 Toronto total residential housing sales were 33% below their June 2016 high and are heading back down towards the year end lows.
The FOMO crowd again took over the condo market pushing prices to a new peak high for the second month in a row. The spring/summer inventory has total listings out-numbering total sales by 1.8 times. |
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Absorption rates based on total listing inventory and total sales have come off their hysterical run and have plunged quickly from 154% in March 2017 to now 55% this month with only 2 months required to sell. Has the Vancouver Model reached Toronto? |
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.
SEE ALSO CHART COMPARISONS OF EARNINGS & COMMODIFIED HOUSING VALUES FOR
VANCOUVER, CALGARY and TORONTO
VANCOUVER, CALGARY and TORONTO
