August 2018: Detached, City of Toronto

Summary:

  • City of Toronto detached home sales up 10.3%, active listings up 9.5% YoY
  • Active listings are high compared to historic levels and TTM active listings indicates a rising inventory trend
  • Sales are low compared to historic levels and TTM sales indicates a negative trend that is now flattening
  • TTM Sales to active listings ratio (SALR) has a negative trend that is becoming flat
  • Average City of Toronto detached home price is up 4.5% YoY
  • Median City of Toronto detached home price is up 2.5% YoY
  • Benchmark City of Toronto detached home price is flat YoY

You can read the original August 2018 TREB Market Watch publication here.

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