October 2018: Detached, City of Toronto

Summary:

  • City of Toronto detached home sales up 8.6%, active listings up 4.5% YoY
  • Active listings are high compared to historic levels and TTMA active listings indicates a rising inventory trend
  • Sales are low compared to historic levels and TTMA sales indicates a negative trend that is now flattening
  • TTMA Sales to active listings ratio (SALR) has a flat trend
  • Average City of Toronto detached home price is up 1.8% YoY
  • Median City of Toronto detached home price is up 5.0% YoY
  • Benchmark City of Toronto detached home price is up 1.9% YoY

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

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