The GTA housing market saw strong recovery in June 2020 with home sales up 84% from May and average home prices rising 11.9% year-over-year. Detached and townhouse segments outside of Toronto saw particularly strong year-over-year growth in sales and prices. While new listings rose slightly, total active listings remained down 28.8% from a year ago due to strong demand, pointing to ongoing supply constraints in the market.
Shapoorji Pallonji Codename Evolve Pine Bangalore.pdf
TORONTO REGIONAL REAL ESTATE BOARD's JUNE 2020 MARKET WATCH REPORT
2. Market Watch
Market Watch
GTA REALTORS Release June 2020 Stats
Toronto Regional Real Estate Board President Lisa Patel announced that Greater Toronto Area REALTORS reported 8,701 sales
through TRREB’s MLS System in June 2020. This result represented a very substantial increase over the May 2020 sales result,
both on an actual (+89 per cent) and seasonally adjusted basis (+84 per cent), and was only down by 1.4 per cent compared to June
2019.
Year-over-year growth in sales was reported in some areas and market segments. Especially notable were the detached and
townhouse market segments in the GTA regions surrounding the City of Toronto. New listings were up slightly on a year-over-year
basis by 2.1 per cent. However, active listings on TRREB’s MLS System at the end of June 2020 were down by 28.8 per cent
compared to June 2019. Growth in new listings will need to outstrip growth in sales for a number of months before active listings
approach last year’s levels.
The MLS Home Price Index Composite Benchmark was up by 8.2 per cent year-over-year in June. The average selling price for all
home types combined was $930,869 – up by 11.9 per cent compared to June 2019. The actual and seasonally-adjusted average
selling price was also up substantially compared to May 2020, by 7.8 per cent and 9.8 per cent respectively.
Average and benchmark selling prices were up year-over-year for all major home types. The strongest average annual rates of price
growth were experienced in the detached and semi-detached market segments in the City of Toronto at 14.3 per cent and 22 per cent
respectively. This, coupled with the fact that average selling price growth outstripped growth in the MLS HPI benchmarks, points to
a resurgence in the higher-end market segments.
®
®
®
®
®
®
3. NEWS
RELEASE
TORONTO REGIONAL REAL ESTATE BOARD RELEASES JUNE RESALE HOUSING STATS AND
UPDATED IPSOS POLLING RESULTS ON CONSUMER BUYING AND SELLING INTENTIONS
TORONTO, ONTARIO, July 7, 2020 – Toronto Regional Real Estate Board President Lisa Patel announced
that Greater Toronto Area REALTORS® reported 8,701 sales through TRREB’s MLS® System in June
2020. This result represented a very substantial increase over the May 2020 sales result, both on an actual
(+89 per cent) and seasonally adjusted basis (+84 per cent), and was only down by 1.4 per cent compared
to June 2019.
Year-over-year growth in sales was reported in some areas and market segments. Especially notable were
the detached and townhouse market segments in the GTA regions surrounding the City of Toronto.
The MLS® Home Price Index Composite Benchmark was up by 8.2 per cent year-over-year in June. The
average selling price for all home types combined was $930,869 – up by 11.9 per cent compared to June
2019. The actual and seasonally-adjusted average selling price was also up substantially compared to May
2020, by 7.8 per cent and 9.8 per cent respectively.
Average and benchmark selling prices were up year-over-year for all major home types. The strongest
average annual rates of price growth were experienced in the detached and semi-detached market
segments in the City of Toronto at 14.3 per cent and 22 per cent respectively. This, coupled with the fact that
average selling price growth outstripped growth in the MLS® HPI benchmarks, points to a resurgence in the
higher-end market segments.
“Following the broader movement to reopen the economy in June, we experienced a very positive result in
terms of home sales and selling prices. Before the onset of COVID-19, there was a great deal of pent-up
demand in the market. This pent-up demand arguably increased further over the past three months. We
are still in the early days of recovery, but barring any setbacks, we should continue to see stronger market
conditions in the second half of 2020 as households look to satisfy their ownership housing needs,” said Ms.
Patel.
New listings were up slightly on a year-over-year basis by 2.1 per cent. However, active listings on
TRREB’s MLS® System at the end of June 2020 were down by 28.8 per cent compared to June 2019.
Growth in new listings will need to outstrip growth in sales for a number of months before active listings
approach last year’s levels.
“It will be important to closely monitor housing market conditions as economic recovery continues in the
second half of 2020 and into 2021. Policy makers should proceed cautiously with any demand-side
stimulus. The persistent lack of listing inventory in the GTA understandably took a back seat to COVID-
related issues in the short term, but supply should once again be top-of-mind once the recovery takes hold,
in order to ensure long-term affordability in the GTA,” said TRREB CEO John DiMichele.
Updated Ipsos Polling Results on Consumer Buying and Selling Intentions
In order to further gauge the impact of COVID-19 on the GTA housing market and to gain insight on what
the future holds for housing demand and supply, TRREB undertook a second wave of consumer polling
through Ipsos between May 25 and May 31 2020. Key findings include:
4. • In line with the Ipsos polling results for April, 27 per cent of respondents said they were likely (very likely
or somewhat likely) to purchase a home over the next 12 months. This result was below the spring 2019
result of 31 per cent, but given the credibility interval of +/- 3.9 percentage points, the result remained in
line with past polling results.
• Listing intentions, while up from the April Ipsos poll (21 per cent in May versus 17 per cent in April), the
result remained well-below the 32 per cent listings intentions mark recorded in the spring of 2019.
The gap between buying intentions and listing intentions follows the broader trend exhibited in the GTA over
the past few years and underpins the requirement of policy makers to take action on the housing supply
front, both in terms of aggregate supply and increasing the diversity of housing types available to home
buyers.
Housing Market Outlook Update
In February 2020, TRREB released its housing market outlook in its Market Year in Review and Outlook
Report. At that time, TRREB was forecasting 97,000 sales for 2020. Given the impact of COVID-19 on the
level of home sales in March, April and May of this year, the 97,000 sales mark will not likely be attainable in
2020. However, given the strong hand-off from June 2020, if sales follow the regular seasonal pattern in the
second half of this year, 80,000 sales will be a realistic target.
If sales reach the 80,000 mark, this would represent an 8.8 per cent decline compared to 2019. For
reference, sales through the first six months of 2020 amounted to 35,972 – down 18.5 per cent compared to
the same period in 2019.
TRREB’s average price forecast released in February 2020 was $900,000. Given the current relationship
between sales and listings in the GTA coupled with the strong hand-off from June 2020, this forecast
remains realistic. In fact, if market conditions continue to unfold as they did in June, it is possible that the
average price for 2020 could edge above the $900,000 mark. Through the first six months of 2020, the
average selling price sat at over $891,000, including a June 2020 average price of almost $931,000.
“A gradually improving labour market and historically low mortgage rates are expected to support a recovery
in home sales in the second half of 2020 along with sustained year-over-year price growth. Given that home
sales result in substantial spin-off expenditure in the regional economy, the housing market will be an
important driver of overall economic recovery this year and into 2021,” said Jason Mercer, TRREB’s Chief
Market Analyst.
It is very important to note that the guidance provided above is predicated on the continued reopening of the
economy, a gradually improving labour market situation in the GTA and sustained low borrowing costs.
There remain substantial downside risks to the housing market, including:
• A resurgence in COVID-19 cases, which could prompt a pause or even dialing back of the reopening in
the GTA, and the economic impacts; and
• A negative economic impact associated with the resurgence of COVID-19 cases in the United States,
which could continue to impact trade, employment and overall household wealth via equity markets.
For additional information on TRREB’s guidance on economic recovery related to the real estate sector,
click here.
5. Summary of TRREB MLS® Sales and Average Price June 1 - 30, 2020
2020 2019
Sales Average Price New Listings Sales Average Price New Listings
City of Toronto ("416") 2,830 1,022,138 6,144 3,190 915,785 5,401
Rest of GTA ("905") 5,871 886,875 10,009 5,636 784,392 10,423
GTA 8,701 930,869 16,153 8,826 831,882 15,824
TRREB MLS® Sales & Average Price By Home Type June 1 - 30, 2020
Sales Average Price
416 905 Total 416 905 Total
Detached 894 3,551 4,445 1,523,770 1,027,634 1,127,419
Yr./Yr. % Change -10.0% 10.5% 5.6% 14.3% 11.7% 10.8%
Semi-Detached 263 535 798 1,287,832 752,808 929,138
Yr./Yr. % Change -21.0% -2.2% -9.3% 22.0% 8.6% 11.9%
Townhouse 364 1,209 1,573 855,339 691,021 729,045
Yr./Yr. % Change 2.5% 7.8% 6.5% 6.2% 11.6% 9.8%
Condo Apartment 1,287 506 1,793 672,465 528,028 631,704
Yr./Yr. % Change -13.6% -22.3% -16.3% 5.6% 9.1% 7.0%
June 2020 Year-Over-Year Per Cent Change in the MLS® HPI
Composite (All
Types)
Single-Family
Detached
Single-Family
Attached
Townhouse
Apartm
ent
TREB Total 8.17% 6.70% 7.93% 10.21% 9.66%
Halton Region 9.86% 8.94% 9.93% 11.70% 11.31%
Peel Region 9.20% 7.42% 8.86% 11.22% 12.54%
City of Toronto 7.66% 5.88% 6.20% 9.24% 8.67%
York Region 7.94% 6.99% 7.77% 7.86% 11.19%
Durham Region 8.05% 7.08% 9.26% 10.38% 11.01%
Orangeville 9.28% 9.06% 10.89% - -
South Simcoe County1
13.40% 7.72% 6.47% - -
6. Annual Summary of TRREB MLS® Sales and Average Price Year-to-Date
2020 2019
Sales
Average
Price
New
Listings Sales
Average
Price
New
Listings
City of Toronto
("416") 12,161 969,188 22,736 15,917 883,506 28,765
Rest of GTA ("905") 23,811 851,319 41,597 27,946 768,558 56,938
GTA 35,972 891,167 64,333 43,863 810,250 85,703
1South Simcoe includes Adjala-Tosorontio, Bradford West Gwillimbury, Essa, Innisfil and New Tecumseth
Annual TRREB MLS® Sales & Average Price By Home Type Year-to-Date 2020
Sales Average Price
416 905 Total 416 905 Total
Detached 2,683 10,258 12,941 1,424,412 979,402 1,071,664
Yr./Yr. % Change -25.8% -15.9% -18.1% 7.5% 7.6% 6.6%
Semi-Detached 787 1,734 2,521 1,137,429 740,735 864,574
Yr./Yr. % Change -32.3% -19.4% -24.0% 8.5% 9.1% 7.0%
Townhouse 969 3,672 4,641 815,526 680,068 708,351
Yr./Yr. % Change -25.4% -20.0% -21.2% 5.9% 9.8% 8.5%
Condo Apartment 4,853 2,052 6,905 693,282 523,244 642,750
Yr./Yr. % Change -26.2% -32.2% -28.1% 11.5% 11.6% 12.1%
TRREB MLS® Sales By Home Type June 1 - 30, 2020
Home Type
All
Types Detached
Semi-
Detached Townhouse
Condo
Apartment
Other
Types
All
Areas
Sales 8,701 4,445 798 1,573 1,793 92
Yr./Yr. %
Chg. -1.4% 5.6% -9.3% 6.5% -16.3% -22.7%
Halton
Sales 990 583 46 257 97 7
Yr./Yr. %
Chg. 9.2% 17.1% -9.8% 8.0% -9.3% -46.2%
Peel
Sales 1,778 864 298 398 205 13
Yr./Yr. %
Chg. -5.9% -0.2% -6.0% 4.2% -34.7% 30.0%
Toronto
Sales 2,830 894 263 364 1,287 22
Yr./Yr. %
Chg.
-
11.3% -10.0% -21.0% 2.5% -13.6% 15.8%
York
Sales 1,354 856 92 252 132 22
Yr./Yr. %
Chg. -3.2% 7.1% -15.6% -8.4% -26.3% -40.5%
Durham
Sales 1,281 877 82 247 59 16
Yr./Yr. %
Chg. 17.4% 12.0% 36.7% 34.2% 31.1% -15.8%
7. TRREB MLS® Average Price By Home Type June 1 - 30, 2020
Home Type
All Types Detached
Semi-
Detached Townhouse
Condo
Apartment
Other
Types
All Areas
Average
Price $930,869 $1,127,419 $929,138 $729,045 $631,704 $730,774
Yr./Yr.
% Chg. 11.9% 10.8% 11.9% 9.8% 7.0% 3.3%
Halton
Average
Price $995,218 $1,213,517 $788,584 $723,540 $519,725 $735,429
Yr./Yr.
% Chg. 13.7% 12.0% 8.3% 12.2% 3.5% -1.8%
Peel
Average
Price $866,830 $1,063,444 $775,190 $680,801 $537,049 $795,923
Yr./Yr.
% Chg. 14.4% 11.8% 10.6% 11.3% 15.9% 21.7%
Toronto
Average
Price $1,022,138 $1,523,770 $1,287,832 $855,339 $672,465 $677,018
Yr./Yr.
% Chg. 11.6% 14.3% 22.0% 6.2% 5.6% 13.8%
York
Average
Price $1,093,826 $1,283,136 $860,026 $825,684 $571,052 $913,764
Yr./Yr.
% Chg. 17.6% 15.0% 10.4% 15.6% 7.6% -0.6%
Durham
Average
Price $685,655 $752,070 $564,164 $553,756 $438,411 $615,813
Yr./Yr.
% Chg. 10.5% 11.7% 12.8% 12.1% 6.0% 8.2%
8. Seasonally Adjusted TRREB MLS® Sales and Average Price1
Sales
Month-over-Month
% Chg. Average Price
Month-
over-
Month %
Chg.
June '19 7,513 2.1% $812,342 1.3%
July '19 7,884 4.9% $824,215 1.5%
August '19 7,989 1.3% $825,904 0.2%
September '19 7,993 0.1% $837,281 1.4%
October '19 7,840 -1.9% $839,945 0.3%
November '19 7,835 -0.1% $846,374 0.8%
December '19 7,626 -2.7% $874,283 3.3%
January '20 7,763 1.8% $875,767 0.2%
February '20 8,902 14.7% $904,450 3.3%
March '20 6,936 -22.1% $894,745 -1.1%
April '20 2,317 -66.6% $789,054 -11.8%
May '20 3,546 53.0% $825,707 4.6%
June '20 6,518 83.8% $906,874 9.8%
Source: Toronto Regional Real Estate Board; CREA Seasonal Adjustment
1 Preliminary seasonal adjustment undertaken by the Canadian Real Estate Association (CREA). Removing normal seasonal variations allows
for more meaningful analysis of monthly changes and underlying trends.
-30-
Media Inquiries:
Mary Gallagher,
Senior Manager, Public Affairs
maryg@trebnet.net
416-443-8158
The Toronto Regional Real Estate Board is Canada’s largest real estate board with more than 56,000 residential and
commercial professionals connecting people, property and communities.
9. You are here: / Home (/mlshome/index.php) / MORE / Market Stats (/mlshome/index.php/more/market-stats)
/ Market Stats - Quick Overview
Market Stats - Quick Overview
Market Stats (/mlshome/index.php/more/market-stats)
Residential Stats
Total Residential Transactions
Year-Over-Year
read commentary
-1.4%
compared to last year
(/mlshome/index.php) Search ...
10.
Seasonally Adjusted
Average Selling Price
Year-Over-Year
Seasonally Adjusted
83.8%
compared to previous month
11.9%
compared to last year
11. Total New Listings
Year-Over-Year
read commentary
Sales-to-New Listings Ratio
9.8%
compared to previous month
2.1%
compared to last year
12. Property Days on Market
Year-Over-Year
Listing Days on Market
Year-Over-Year
-2%
compared to last year
-13.3%
compared to last year
14. All Leasing Activity (Sq.Ft.)
Year-Over-Year
Note
All Sales Activity
Year-Over-Year
Note
-32.4%
compared to last year
-18.2%
compared to last year
15. Avg. Industrial Lease Rate (Sq.Ft.)
Year-Over-Year
Avg. Com/Ret Lease Rate (Sq.Ft.)
Year-Over-Year
Avg. Of ce Lease Rate (Sq.Ft.)
Year-Over-Year
11.3%
compared to last year
-11%
compared to last year
16.
Condominium Sales Stats
Total Condo Apartment Sales
Year-Over-Year
read commentary
19%
compared to last year
3.8%
compared to last year
17. Average Selling Price
Year-Over-Year
Total New Listings
Year-Over-Year
read commentary
Sales-to-New Listings Ratio
Year-Over-Year
10.4%
compared to last year
-11.9%
compared to last year
18. Days on Market
Year-Over-Year
Condominium Rental Stats
Total Apartment Rentals
13%
compared to last year
-8.3%
compared to last year
19. Year-Over-Year
read commentary
Average 1-Bdrm. Apartment Rent
Year-Over-Year
Total New Listings
Year-Over-Year
8.6%
compared to last year
2.1%
compared to last year
21. Sales
New Listings
Active Listings
Average Price
Avg. LDOM
Avg. PDOM
8,826 8,701 -1.4%
15,824 16,153 2.1%
19,655 14,001 -28.8%
$831,882 $930,869 11.9%
21 18 -14.2%
30 26 -13.3%
2019 2020 % Chg.Year
Market WatchJUNE 2020
Economic Indicators
June 2020
GTA REALTORS®
RELEASE JUNE 2020 STATS
TORONTO, ONTARIO, July 7, 2020 – Toronto Regional Real Estate Board President Lisa Patel
announced that Greater Toronto Area REALTORS® reported 8,701 sales through TRREB’s MLS®
System in June 2020. This result represented a very substantial increase over the May 2020 sales result,
both on an actual (+89 per cent) and seasonally adjusted basis (+84 per cent), and was only down by 1.4
per cent compared to June 2019.
Year-over-year growth in sales was reported in some areas and market segments. Especially notable
were the detached and townhouse market segments in the GTA regions surrounding the City of Toronto.
New listings were up slightly on a year-over-year basis by 2.1 per cent. However, active listings on
TRREB’s MLS® System at the end of June 2020 were down by 28.8 per cent compared to June 2019.
Growth in new listings will need to outstrip growth in sales for a number of months before active listings
approach last year’s levels.
The MLS® Home Price Index Composite Benchmark was up by 8.2 per cent year-over-year in June. The
average selling price for all home types combined was $930,869 – up by 11.9 per cent compared to June
2019. The actual and seasonally-adjusted average selling price was also up substantially compared to
May 2020, by 7.8 per cent and 9.8 per cent respectively.
Average and benchmark selling prices were up year-over-year for all major home types. The strongest
average annual rates of price growth were experienced in the detached and semi-detached market
segments in the City of Toronto at 14.3 per cent and 22 per cent respectively. This, coupled with the fact
that average selling price growth outstripped growth in the MLS® HPI benchmarks, points to a
resurgence in the higher-end market segments.
Sources and Notes:
i - Statistics Canada, Quarter-over-quarter
growth, annualized
ii - Statistics Canada, Year-over-year
growth for the most recently reported
month
iii - Bank of Canada, Rate from most
recent Bank of Canada announcement
iv - Bank of Canada, Rates for most
recently completed month
For All TRREB Member Inquiries:
For All Media/Public Inquiries:
(416) 443-8152
(416) 443-8158
June 2019June 2020
8,701 8,826
Detached
Semi-Detached
Townhouse
Condo Apt
894 3,551 4,445 1,523,770 1,027,634 1,127,419
263 535 798 1,287,832 752,808 929,138
364 1,209 1,573 855,339 691,021 729,045
1,287 506 1,793 672,465 528,028 631,704
Sales Average Price
416 905 Total 416 905 TotalHome Type
Year-Over-Year Per Cent Change
June 2019June 2020
$930,869
$831,882
Detached
Semi-Detached
Townhouse
Condo Apt
-10.0% 10.4% 5.6% 14.3% 11.7% 10.8%
-21.0% -2.2% -9.3% 22.0% 8.6% 11.9%
2.5% 7.8% 6.5% 6.2% 11.6% 9.8%
-13.6% -22.3% -16.3% 5.6% 9.1% 7.0%
TRREB MLS®
Sales Activity1,7
TRREB MLS®
Average Price1,7
Sales & Average Price By Major Home Type1,7
Year-Over-Year Summary1,7
June 2020 0.25%
June 2020 2.45%
1 Year 3.19%
3 Year 3.89%
5 Year 4.94%
May 2020 -0.4%
May 2020 11.2%
May 2020 -10.9%
Q1 2020 -8.2%
Real GDP Growth
Toronto Employment Growth
Toronto Unemployment Rate (SA)
Inflation (Yr./Yr. CPI Growth)
Bank of Canada Overnight Rate
Prime Rate
1Market Watch, June 2020
Copyright®
2020 Toronto Regional Real Estate Board
June 2020Mortgage Rates
2
3
1
5
5
22. Toronto Regional Real Estate Board
YEAR-TO-DATE, 2020
$0 to $99,999
$100,000 to $199,999
$200,000 to $299,999
$300,000 to $399,999
$400,000 to $499,999
$500,000 to $599,999
$600,000 to $699,999
$700,000 to $799,999
$800,000 to $899,999
$900,000 to $999,999
$1,000,000 to $1,249,999
$1,250,000 to $1,499,999
$1,500,000 to $1,749,999
$1,750,000 to $1,999,999
$2,000,000+
1 0 0 0 0 0 0 0 0 1
6 0 0 0 3 0 0 0 0 9
9 0 1 4 10 0 1 0 0 25
38 5 0 20 80 0 2 0 2 147
92 22 36 96 396 4 1 1 3 651
206 34 115 190 538 11 1 2 0 1,097
362 98 172 180 358 12 1 2 1 1,186
558 217 244 95 168 10 0 2 0 1,294
651 154 133 39 91 14 1 1 0 1,084
560 78 78 27 54 13 0 1 0 811
788 60 64 19 45 4 1 0 0 981
446 67 29 9 18 0 0 0 0 569
269 33 9 4 13 0 0 0 0 328
136 10 2 1 3 0 0 1 0 153
323 20 4 2 16 0 0 0 0 365
Detached Semi-Detached Att/Row/Twnhouse Condo Townhouse Condo Apt Link Co-Op Apt Det Condo Co-Ownership Apt TotalName
$0 to $99,999
$100,000 to $199,999
$200,000 to $299,999
$300,000 to $399,999
$400,000 to $499,999
$500,000 to $599,999
$600,000 to $699,999
$700,000 to $799,999
$800,000 to $899,999
$900,000 to $999,999
$1,000,000 to $1,249,999
$1,250,000 to $1,499,999
$1,500,000 to $1,749,999
$1,750,000 to $1,999,999
$2,000,000+
1 0 1 1 2 0 0 0 0 5
23 0 0 0 27 0 3 0 0 53
49 2 2 21 44 0 5 0 2 125
175 14 2 118 471 1 10 0 4 795
459 157 154 387 1,814 19 4 2 7 3,003
1,018 160 426 827 2,514 54 3 12 3 5,017
1,516 411 772 657 1,648 52 3 3 1 5,063
2,151 952 915 411 873 41 0 4 1 5,348
2,535 657 531 135 480 75 1 5 0 4,419
2,145 308 271 79 285 46 2 1 0 3,137
3,004 261 215 96 265 28 2 0 0 3,871
1,772 202 81 34 112 0 1 1 0 2,203
940 102 32 7 60 0 0 0 0 1,141
508 36 9 8 30 0 0 1 0 592
1,069 49 10 8 64 0 0 0 0 1,200
Detached Semi-Detached Att/Row/Twnhouse Condo Townhouse Condo Apt Link Co-Op Apt Det Condo Co-Ownership Apt TotalName
JUNE 2020SALES BY PRICE RANGE AND HOUSE TYPE 1,7
SALES BY PRICE RANGE AND HOUSE TYPE 1,7
Total Sales
Share of Total Sales (%)
Average Price ($)
4,445 798 887 686 1,793 68 8 10 6 8,701
51.1% 9.2% 10.2% 7.9% 20.6% 0.8% 0.1% 0.1% 0.1% 100.0%
$1,127,420 $929,138 $786,390 $654,897 $631,704 $764,003 $584,750 $797,200 $438,167 $930,869
17,365 3,311 3,421 2,789 8,689 316 34 29 18 35,972
48.3% 9.2% 9.5% 7.8% 24.2% 0.9% 0.1% 0.1% 0.1% 100.0%
$1,085,977 $880,152 $770,622 $643,752 $640,636 $762,694 $497,044 $713,466 $448,500 $891,167
Total Sales
Share of Total Sales (%)
Average Price ($)
47. 2008 74,505 $379,080
2009 86,980 $395,234
2010 85,860 $431,262
2011 89,110 $464,989
2012 85,488 $497,073
2013 87,047 $522,951
2014 92,776 $566,611
2015 101,214 $622,116
2016 113,041 $729,824
2017 92,340 $822,496
2018 78,018 $787,845
Year Sales Average Price
Toronto Regional Real Estate Board
January 3,968 747,175
February 4,982 779,791
March 7,132 788,133
April 9,005 820,373
May 9,950 838,248
June 8,826 831,882
July 8,555 806,971
August 7,682 792,134
September 7,791 842,421
October 8,445 851,877
November 7,055 843,292
December 4,364 838,662
January 4,550 $838,287
February 7,201 $910,150
March 7,958 $902,566
April 2,961 $821,780
May 4,601 $863,607
June 8,701 $930,869
July - -
August - -
September - -
October - -
November - -
December - -
Annual 87,755 $819,286
HISTORIC ANNUAL STATISTICS1,6,7
Year to Date 35,972 $891,167
NOTES
*For historic annual sales and average price data over a longer time frame go to:
http://www.torontorealestateboard.com/market_news/market_watch/historic_stats/
pdf/TREB_historic_statistics.pdf
Ajax
Aurora
Bradford West
Gwillimbury
Brampton
Brock
Burlington
C01
C02
C03
C04
C06
C07
C08
C10 C11
C12 C13
C14
C15
Caledon
Clarington
E01
E02
E03
E04
E06
E07
E08
E09
E10
E11
East Gwillimbury
Essa
Georgina
Halton Hills
Innisfil
King
Markham
Milton
Mississauga
New Tecumseth
Newmarket
Oakville
Oshawa
PickeringRichmond
Hill
ScugogUxbridge
Vaughan
W02
W03
W04
W05
W06
W07
W08
W09
W10
Whitchurch-Stouffville
Adjala-Tosorontio
Orangeville
Whitby
Dufferin
Durham
Halton
Peel
Simcoe
Toronto
York
27Market Watch, June 2020
Copyright® 2020 Toronto Regional Real Estate Board
1 - Sales, dollar volume, average sale prices and median sale prices are based on firm transactions entered into the TRREB
MLS® system between the first and last day of the month/period being reported.
2 - New listings entered into the TRREB MLS® system between the first and last day of the month/period being reported.
3 - Active listings at the end of the last day of the month/period being reported.
4 - Ratio of the average selling price to the average listing price for firm transactions entered into the TRREB MLS® system
between the first and last day of the month/period being reported.
5 - Average Listing Days on Market (Avg. LDOM) refers to the average number of days sold listings were on the market.
Average Property Days on Market (Avg. PDOM) refers to the average number of days a property was on the market before
selling irrespective of whether the property was listed more than once by the same combination of seller and brokerage during
the original listing contract period.
6 - Active listings at the end of the last day of the month/period being reported.
7 - Past monthly and year-to-date figures are revised on a monthly basis.
8 - SNLR = Sales-to-New Listings Ratio. Calculated using a 12-month moving average (sales/new listings).
9 - Mos. Inv. = Months of Inventory. Calculated using a 12-month moving average (active listings/sales).
2020 MONTHLY STATISTICS1,7
2019 MONTHLY STATISTICS1,7
50. City of Toronto: Toronto Central
Regional Housing Market Tables
June 2020
1City of Toronto: Toronto Central
51. City of Toronto, Toronto Central
All Home Types 1,281 $1,445,172,400 $1,128,160 $789,000 3,330 3,230 100% 16
Detached 242 $558,379,850 $2,307,355 $1,877,500 646 728 98% 17
Semi-Detached 103 $155,837,039 $1,512,981 $1,375,000 163 98 104% 11
Condo Townhouse 84 $72,742,478 $865,982 $791,000 148 120 101% 15
Condo Apt 800 $595,605,615 $744,507 $655,750 2,274 2,196 100% 16
Link 3 $2,690,800 $896,933 $898,000 4 2 100% 3
Att/Row/Twnhouse 41 $54,912,618 $1,339,332 $1,320,000 79 65 102% 13
Co-Op Apt 3 $2,695,000 $898,333 $805,000 10 14 108% 38
Det Condo 0 - - - 0 0 - -
Co-Ownership Apt 5 $2,309,000 $461,800 $440,000 6 7 97% 27
Home_Type Sales Dollar Amount Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. DOM
All Home Types 5,702 $6,102,122,134 $1,070,172 $768,000 11,906 100% 19
Detached 1,009 $2,195,047,482 $2,175,468 $1,875,000 2,469 99% 22
Semi-Detached 348 $484,319,523 $1,391,723 $1,292,500 580 104% 14
Condo Townhouse 307 $273,810,012 $891,889 $799,000 554 102% 16
Condo Apt 3,899 $2,974,590,899 $762,911 $670,000 7,999 101% 18
Link 6 $5,662,800 $943,800 $914,000 8 101% 8
Att/Row/Twnhouse 111 $154,750,918 $1,394,152 $1,333,000 246 101% 19
Co-Op Apt 10 $8,503,500 $850,350 $852,500 29 101% 21
Det Condo 0 - - - 0 - -
Co-Ownership Apt 12 $5,437,000 $453,083 $449,000 21 99% 29
Home_Type Sales Dollar Amount Average Price Median Price New Listings Avg. SP/LP Avg. DOM
June 2020
Toronto Real Estate Board Regional Housing Market Tables
NOTES
1- Sales, dollar volume, average sale prices and median sale prices are based on firm transactions entered into the TorontoMLS system between the first and last day of the
month/period being reported.
2- New listings entered into the TorontoMLS system between the first and last day of the month/period being reported.
3- Active listings at the end of the last day of the month/period being reported.
4- Ratio of the average selling price to the average listing price for firm transactions entered into the TorontoMLS system between the first and last day of the month/period being
reported.
5- Average number of days on the market for firm transactions entered into the TorontoMLS system between the first and last day of the month/period being reported.
6- Past monthly and year-to-date figures are revised on a monthly basis.
City of Toronto, Toronto Central YEAR-TO-DATE 2020
2City of Toronto: Toronto Central
52. City of Toronto, Toronto C01
All Home Types 389 $330,919,427 $850,693 $725,000 1,103 1,057 101% 16
Detached 7 $13,251,000 $1,893,000 $1,661,000 16 15 110% 15
Semi-Detached 22 $35,575,636 $1,617,074 $1,612,450 38 28 104% 9
Condo Townhouse 25 $21,485,614 $859,425 $885,000 41 32 101% 13
Condo Apt 318 $238,957,577 $751,439 $677,501 980 960 100% 16
Link 0 - - - 0 0 - -
Att/Row/Twnhouse 17 $21,649,600 $1,273,506 $1,300,000 26 18 103% 15
Co-Op Apt 0 - - - 2 4 - -
Det Condo 0 - - - 0 0 - -
Co-Ownership Apt 0 - - - 0 0 - -
Home_Type Sales Dollar Amount Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. DOM
All Home Types 1,707 $1,468,897,103 $860,514 $733,000 3,789 102% 17
Detached 19 $34,381,827 $1,809,570 $1,600,000 56 108% 19
Semi-Detached 68 $111,803,761 $1,644,173 $1,575,000 130 106% 13
Condo Townhouse 84 $74,539,027 $887,369 $882,000 158 104% 12
Condo Apt 1,498 $1,197,641,888 $799,494 $708,000 3,364 101% 17
Link 0 - - - 0 - -
Att/Row/Twnhouse 38 $50,530,600 $1,329,753 $1,366,500 77 103% 22
Co-Op Apt 0 - - - 4 - -
Det Condo 0 - - - 0 - -
Co-Ownership Apt 0 - - - 0 - -
Home_Type Sales Dollar Amount Average Price Median Price New Listings Avg. SP/LP Avg. DOM
June 2020
Toronto Real Estate Board Regional Housing Market Tables
NOTES
1- Sales, dollar volume, average sale prices and median sale prices are based on firm transactions entered into the TorontoMLS system between the first and last day of the
month/period being reported.
2- New listings entered into the TorontoMLS system between the first and last day of the month/period being reported.
3- Active listings at the end of the last day of the month/period being reported.
4- Ratio of the average selling price to the average listing price for firm transactions entered into the TorontoMLS system between the first and last day of the month/period being
reported.
5- Average number of days on the market for firm transactions entered into the TorontoMLS system between the first and last day of the month/period being reported.
6- Past monthly and year-to-date figures are revised on a monthly basis.
City of Toronto, Toronto C01 YEAR-TO-DATE 2020
3City of Toronto: Toronto Central
53. City of Toronto, Toronto C02
All Home Types 83 $127,135,062 $1,531,748 $1,275,000 209 203 100% 19
Detached 12 $27,342,016 $2,278,501 $2,152,500 26 28 98% 17
Semi-Detached 19 $39,972,815 $2,103,832 $1,801,000 36 18 105% 7
Condo Townhouse 3 $4,243,000 $1,414,333 $1,323,000 5 4 102% 11
Condo Apt 43 $47,137,231 $1,096,215 $910,000 128 140 97% 26
Link 0 - - - 0 0 - -
Att/Row/Twnhouse 5 $7,960,000 $1,592,000 $1,500,000 12 8 101% 10
Co-Op Apt 0 - - - 2 4 - -
Det Condo 0 - - - 0 0 - -
Co-Ownership Apt 1 $480,000 $480,000 $480,000 0 1 96% 50
Home_Type Sales Dollar Amount Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. DOM
All Home Types 278 $440,292,569 $1,583,786 $1,195,009 645 100% 20
Detached 40 $116,758,716 $2,918,968 $2,197,500 104 98% 14
Semi-Detached 48 $93,265,851 $1,943,039 $1,760,500 91 103% 12
Condo Townhouse 9 $12,391,018 $1,376,780 $1,200,000 21 103% 19
Condo Apt 163 $190,414,984 $1,168,190 $880,000 394 99% 24
Link 0 - - - 0 - -
Att/Row/Twnhouse 13 $24,721,000 $1,901,615 $1,650,000 26 101% 17
Co-Op Apt 2 $1,266,000 $633,000 $633,000 5 98% 8
Det Condo 0 - - - 0 - -
Co-Ownership Apt 3 $1,475,000 $491,667 $490,000 4 99% 41
Home_Type Sales Dollar Amount Average Price Median Price New Listings Avg. SP/LP Avg. DOM
June 2020
Toronto Real Estate Board Regional Housing Market Tables
NOTES
1- Sales, dollar volume, average sale prices and median sale prices are based on firm transactions entered into the TorontoMLS system between the first and last day of the
month/period being reported.
2- New listings entered into the TorontoMLS system between the first and last day of the month/period being reported.
3- Active listings at the end of the last day of the month/period being reported.
4- Ratio of the average selling price to the average listing price for firm transactions entered into the TorontoMLS system between the first and last day of the month/period being
reported.
5- Average number of days on the market for firm transactions entered into the TorontoMLS system between the first and last day of the month/period being reported.
6- Past monthly and year-to-date figures are revised on a monthly basis.
City of Toronto, Toronto C02 YEAR-TO-DATE 2020
4City of Toronto: Toronto Central
54. City of Toronto, Toronto C03
All Home Types 49 $115,110,408 $2,349,192 $1,325,000 102 90 96% 18
Detached 33 $101,655,918 $3,080,482 $1,820,000 64 48 96% 12
Semi-Detached 6 $6,676,000 $1,112,667 $1,060,000 12 10 102% 13
Condo Townhouse 0 - - - 0 1 - -
Condo Apt 9 $6,338,490 $704,277 $586,500 21 25 98% 43
Link 0 - - - 0 0 - -
Att/Row/Twnhouse 0 - - - 2 3 - -
Co-Op Apt 0 - - - 0 0 - -
Det Condo 0 - - - 0 0 - -
Co-Ownership Apt 1 $440,000 $440,000 $440,000 3 3 95% 7
Home_Type Sales Dollar Amount Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. DOM
All Home Types 181 $323,430,205 $1,786,907 $1,270,000 353 99% 18
Detached 106 $252,955,407 $2,386,372 $1,679,000 206 99% 14
Semi-Detached 28 $31,550,518 $1,126,804 $1,085,500 44 106% 17
Condo Townhouse 1 $1,260,000 $1,260,000 $1,260,000 1 98% 55
Condo Apt 43 $34,982,280 $813,541 $695,000 91 98% 29
Link 0 - - - 0 - -
Att/Row/Twnhouse 1 $1,700,000 $1,700,000 $1,700,000 5 96% 13
Co-Op Apt 1 $542,000 $542,000 $542,000 1 97% 7
Det Condo 0 - - - 0 - -
Co-Ownership Apt 1 $440,000 $440,000 $440,000 5 95% 7
Home_Type Sales Dollar Amount Average Price Median Price New Listings Avg. SP/LP Avg. DOM
June 2020
Toronto Real Estate Board Regional Housing Market Tables
NOTES
1- Sales, dollar volume, average sale prices and median sale prices are based on firm transactions entered into the TorontoMLS system between the first and last day of the
month/period being reported.
2- New listings entered into the TorontoMLS system between the first and last day of the month/period being reported.
3- Active listings at the end of the last day of the month/period being reported.
4- Ratio of the average selling price to the average listing price for firm transactions entered into the TorontoMLS system between the first and last day of the month/period being
reported.
5- Average number of days on the market for firm transactions entered into the TorontoMLS system between the first and last day of the month/period being reported.
6- Past monthly and year-to-date figures are revised on a monthly basis.
City of Toronto, Toronto C03 YEAR-TO-DATE 2020
5City of Toronto: Toronto Central
55. City of Toronto, Toronto C04
All Home Types 67 $131,836,616 $1,967,711 $1,800,000 170 144 101% 11
Detached 51 $114,789,116 $2,250,767 $2,251,800 129 113 101% 12
Semi-Detached 6 $9,065,000 $1,510,833 $1,565,000 8 3 102% 5
Condo Townhouse 0 - - - 3 2 - -
Condo Apt 10 $7,982,500 $798,250 $717,500 27 23 99% 9
Link 0 - - - 0 0 - -
Att/Row/Twnhouse 0 - - - 1 1 - -
Co-Op Apt 0 - - - 0 0 - -
Det Condo 0 - - - 0 0 - -
Co-Ownership Apt 0 - - - 2 2 - -
Home_Type Sales Dollar Amount Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. DOM
All Home Types 289 $557,259,671 $1,928,234 $1,800,000 603 101% 17
Detached 221 $491,621,676 $2,224,532 $2,177,000 471 101% 18
Semi-Detached 18 $27,312,128 $1,517,340 $1,565,000 29 106% 7
Condo Townhouse 3 $2,707,000 $902,333 $805,000 5 100% 16
Condo Apt 46 $35,106,867 $763,193 $691,500 90 100% 16
Link 0 - - - 0 - -
Att/Row/Twnhouse 0 - - - 5 - -
Co-Op Apt 0 - - - 0 - -
Det Condo 0 - - - 0 - -
Co-Ownership Apt 1 $512,000 $512,000 $512,000 3 105% 7
Home_Type Sales Dollar Amount Average Price Median Price New Listings Avg. SP/LP Avg. DOM
June 2020
Toronto Real Estate Board Regional Housing Market Tables
NOTES
1- Sales, dollar volume, average sale prices and median sale prices are based on firm transactions entered into the TorontoMLS system between the first and last day of the
month/period being reported.
2- New listings entered into the TorontoMLS system between the first and last day of the month/period being reported.
3- Active listings at the end of the last day of the month/period being reported.
4- Ratio of the average selling price to the average listing price for firm transactions entered into the TorontoMLS system between the first and last day of the month/period being
reported.
5- Average number of days on the market for firm transactions entered into the TorontoMLS system between the first and last day of the month/period being reported.
6- Past monthly and year-to-date figures are revised on a monthly basis.
City of Toronto, Toronto C04 YEAR-TO-DATE 2020
6City of Toronto: Toronto Central