November 2017: Condominium Apartments, City of Toronto

Summary:

  • City of Toronto condo apartment sales down 6.5%, active listings up 17.6% YoY
  • Sales to active listings ratio (SALR) is starting to trend downward
  • Average City of Toronto condo apartment price is up 17.9% YoY
  • Median City of Toronto condo apartment price is up 18.9% YoY

You can read the original November 2017 TREB Market Watch publication here.

4 Comments

  1. Hanny, well done! These are insightful visualizations of the data, and help understand long-term trends. I’m surprised your website isn’t more widely referenced, as there is too much bad/incomplete information in the media.

    • Hi Gattu,

      I built the site specifically to help combat the problem with biased/incomplete statistics. Unfortunately, it seems like major Canadian media (aside from a few high-quality publications that strive for unbiased work) continue to quote press releases rather than do their own analytical work to find meaningful insights. Thanks for the kind words, I love hearing from people who truly understand and value the unbiased view on my site.

      Hanny

      • I think those who understand data will see the value instantly. Try spreading the word repeatedly on the comments section of news websites / blogs. I think once more people start visiting your website, it might start ranking better on Google searches. Perhaps some SEO could help too, not sure as it isn’t my area of expertise. https://moz.com/beginners-guide-to-seo

  2. Thank you for the non biased evaluation. I followed your site a few years back when you posted your link on Toronto Star.com comments section. I also referred your data to the Greater Fool website. When media get their data from the so called real estate professionals. It’s always skewed to their favour. Keep up the good work.

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