Summary:
- City of Toronto condo apartment sales down 32.2%, active listings up 34.1% YoY
- TTM Sales to active listings ratio (SALR) is trending downward
- Average City of Toronto condo apartment price is up 7.3% YoY
- Median City of Toronto condo apartment price is up 7.5% YoY
- Benchmark City of Toronto condo apartment price is up 15.9% YoY
You can read the original March 2018 TREB Market Watch publication here.
Condos still on fire!
Price increases are slowing down and the sales-to-active-listings ratio isn’t also coming down. Maybe condos are turning too?