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.
% Chg
Inflation (Yr./Yr. CPI Growth)
Toronto Employment Growth
1 Year
3 Year
5 Year
6.34%
6.14%
6.49%
Real GDP Growth
416 905 Total
Detached
Semi-Detached
Townhouse
Condo Apt -48.1%
-49.4%
-44.6%
-38.0%
-45.7%
-46.9%
-47.5%
-48.8%
Market Watch, February 2023
TRREB MLS Sales Activity
February 2023 February 2022
$1,334,062
$1,095,617
TRREB MLS Average Price
2023 2022
Sales
New Listings
Active Listings
Average Price
Avg. LDOM
Avg. PDOM 11
9
$1,334,062
0
0
9,028
33
22
$1,095,617
1
2,139
4,783
Market Watch For All TRREB Member Inquiries:
416-443-8152
nk
For All Media/Public Inquiries:
416-443-8158
Copyright 2023 Toronto Regional Real Estate Board
February 2023
Economic Indicators ®
200.0%
144.4%
-17.9%
-47.0%
-47.0%
-47.0%
Year-Over-Year Summary
February 2023 February 2022
9,028
4,783
14,153
8,367 -40.9%
6,984
9,643
GTA REALTORS Release February Stats
TORONTO, ONTARIO, MARCH 3, 2023 – February sales in the Greater Toronto Area (GTA) were down
substantially from the pre-rate hike levels of early 2022. However, the number of new listings also dropped
substantially year-over-year. The result was that the average selling price and MLS® HPI continued to level off
after trending lower through the spring and summer of last year.
“It has been almost a year since the Bank of Canada started raising interest rates. Home prices have dropped
over the last year from the record peak in February 2022, mitigating the impact of higher borrowing costs. Many
homebuyers have also decided to purchase a lower priced home to help offset higher borrowing costs. The
share of home purchases below one million dollars is up substantially compared to this time last year,” said
Toronto Regional Real Estate Board (TRREB) President Paul Baron.
GTA REALTORS® reported 4,783 sales through TRREB’s MLS® System in February 2023 – down 47 per cent
compared to February 2022, the last full month before the onset of interest rate hikes. The number of new
listings entered into the system was down by a similar annual rate of 40.9 per cent to 8,367.
“New listings continued to drop year-over-year in the GTA. Recently released Ipsos polling suggests buying
intentions have picked up for 2023. This increased demand will run up against a constrained supply of listings
and lead to increased competition between buyers. This will eventually lead to renewed price growth in many
segments of the market, especially those catering to first-time buyers facing increased rental costs,” said
TRREB Chief Market Analyst Jason Mercer.
The average selling price for February 2023 was $1,095,617 – down 17.9 per cent compared to February 2022.
Some of this decline is attributable to the fact that the share of sales below $1,000,000 was 57 per cent in
February 2023 versus only 38 per cent a year earlier. On a monthly basis, the average price followed the regular
seasonal trend, increasing relative to January 2023. The MLS® Home Price Index (HPI) Composite Benchmark
was down year-over-year by a similar annual rate of 17.7 per cent, but was also up on a monthly basis.
“As we move toward a June mayoral by-election in Toronto, housing supply will once again be front and centre
in the policy debate. New and innovative solutions, including the City of Toronto’s initiative to allow duplexes,
triplexes and fourplexes in all neighbourhoods citywide, need to come to fruition if we are to achieve an
adequate and diverse housing supply that will support record population growth in the years to come,” said
TRREB Chief Executive Officer John DiMichele.
®
Sales & Average Price by Major Home Type
416 905 Total
Detached
Semi-Detached
Townhouse
Condo Apt 1,455
821
399
2,075
503
660
255
1,593
952
161
144
482
416 905 Total
$705,472
$934,834
$1,069,266
$1,439,735
$662,323
$917,634
$950,049
$1,357,245
$728,271
$1,005,342
$1,280,380
$1,712,364
Sales Average Price
YoY % change
February 2023
416 905 Total
-11.4%
-11.3%
-14.9%
-17.5%
-12.4%
-18.0%
-25.9%
-21.5%
Q4 2022 0.0% ½
January 2023 0.3% ·
January 2023 6.0% ½
Toronto Unemployment Rate (SA)
January 2023 5.9% ½
February 2023 4.5%
Bank of Canada Overnight Rate
February 2023 6.7% ·
Prime Rate
Mortgage Rates February 2023
38.1%
®
1
-47.3%
-47.4%
-46.5%
-46.6%
-11.8%
-16.7%
-21.4%
-19.9%
Market Watch, February 2023
Toronto Regional Real Estate Board
SALES BY PRICE RANGE AND HOUSE TYPE February 2023
Copyright 2023 Toronto Regional Real Estate Board
2
Year-to-Date 2023
Detached Semi-Detached Att/Row/Townhouse Condo Townhouse Condo Apartment Link Co-Op Apartment Detached Condo Co-Ownership Apt Total
$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+ 485
240
467
856
1,244
884
793
820
929
851
254
39
14
0
1
0
0
0
0
0
0
0
0
0
2
3
2
1
0
0
0
0
0
2
1
0
0
4
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
0
4
0
0
0
0
0
0
11
12
4
4
4
1
2
0
0
0
0
0
25
14
20
32
78
107
164
313
642
746
223
26
10
0
1
0
2
5
16
38
44
90
184
137
52
12
0
0
0
0
11
5
20
82
162
203
133
95
24
3
1
0
0
0
0
13
13
23
55
176
154
112
53
36
4
0
0
0
0
0
436
206
399
658
777
372
290
166
88
41
15
7
3
0
0
Total Sales
Share of Total Sales (%)
Average Price $1,073,138
100.0%
7,877
$425,189
0.1%
8
$969,143
0.1%
7
$501,055
0.1%
7
$1,063,064
0.5%
38
$697,765
30.5%
2,401
$782,097
7.4%
580
$1,022,815
9.4%
739
$1,050,614
8.1%
639
$1,400,482
43.9%
3,458
Detached Semi-Detached Att/Row/Townhouse Condo Townhouse Condo Apartment Link Co-Op Apartment Detached Condo Co-Ownership Apt Total
$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+ 323
160
284
555
748
545
465
482
563
483
141
23
11
0
0
0
0
0
0
0
0
0
0
0
1
2
0
0
0
0
0
0
0
1
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
3
0
0
0
0
0
0
8
8
4
3
1
0
0
0
0
0
0
0
15
9
12
22
47
71
111
192
400
430
120
18
8
0
0
0
0
2
14
24
29
56
115
79
30
9
0
0
0
0
9
4
13
64
102
136
75
46
11
2
1
0
0
0
0
11
12
10
41
108
93
62
32
27
3
0
0
0
0
0
288
135
247
405
459
212
158
94
46
17
9
2
3
0
0
Total Sales
Share of Total Sales (%)
Average Price $1,095,617
100.0%
4,783
$478,504
0.1%
3
$1,044,500
0.0%
2
$476,472
0.1%
4
$1,118,949
0.5%
24
$705,472
30.4%
1,455
$785,448
7.5%
358
$1,050,342
9.7%
463
$1,069,266
8.3%
399
$1,439,735
43.4%
2,075
SALES BY PRICE RANGE AND HOUSE TYPE
Sales Dollar Volume Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. LDOM
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
All TRREB Areas
All TRREB Areas
City of Toronto
City of Toronto
Toronto West
Toronto W01
Toronto W02
Toronto W02
Toronto W03
Toronto W03
Toronto W04
Toronto W05
Toronto W06
Toronto W06
Toronto W07
Toronto W07
Toronto W08
Toronto W09
Toronto W10
Toronto W10
Toronto Central
Toronto Central
Toronto C01
Toronto C02
Toronto C03
Toronto C03
Toronto C04
Toronto C04
Toronto C06
Toronto C07
Toronto C08
Toronto C08
Toronto C09
Toronto C09
Toronto C10
Toronto C11
Toronto C12
Toronto C12
Toronto C13
Toronto C13
Toronto C14
Toronto C15
Toronto East
Toronto East
Toronto E01
Toronto E01
Toronto E02
Toronto E03
Toronto E04
Toronto E04
Toronto E05
Toronto E05
Toronto E06
Toronto E07
Toronto E08
Toronto E08
Toronto E09
Toronto E09
Toronto E10
Toronto E11
24
24
2
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$26,854,772
$26,854,772
$2,245,000
$2,245,000
$2,245,000
$2,245,000
$2,245,000
$1,118,949
$1,118,949
$1,122,500
$1,122,500
$1,122,500
$1,122,500
$1,122,500
$1,125,000
$1,125,000
$1,122,500
$1,122,500
$1,122,500
$1,122,500
$1,122,500
36
36
3
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
24
24
3
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
3
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
106%
106%
99%
99%
99%
99%
99%
13
13
15
15
15
15
15
Toronto Regional Real Estate Board
SUMMARY OF EXISTING HOME TRANSACTIONS Link, February 2023
Market Watch, February 2023
Copyright 2023 Toronto Regional Real Estate Board
18
City of Toronto Municipal Breakdown
Sales Dollar Volume Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. LDOM
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
All TRREB Areas
Halton Region
Halton Region
Burlington
Halton Hills
Milton
Milton
Oakville
Peel Region
Brampton
Brampton
Caledon
Mississauga
City of Toronto
City of Toronto
Toronto West
Toronto Central
Toronto East
Toronto East
York Region
Aurora
East Gwillimbury
East Gwillimbury
Georgina
King
Markham
Markham
Newmarket
Richmond Hill
Richmond Hill
Vaughan
Vaughan
Stouffville
Durham Region
Durham Region
Ajax
Ajax
Brock
Clarington
Clarington
Oshawa
Oshawa
Pickering
Scugog
Scugog
Uxbridge
Uxbridge
Whitby
Dufferin County
Dufferin County
Orangeville
Orangeville
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio
Bradford
Bradford
Essa
Innisfil
Innisfil
New Tecumseth
4
1
1
1
0
0
0
0
1
0
0
0
1
1
1
1
0
0
0
1
0
0
0
0
0
0
0
0
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$1,905,888
$360,000
$360,000
$360,000
$370,000
$370,000
$382,000
$382,000
$382,000
$793,888
$793,888
$793,888
$476,472
$360,000
$360,000
$360,000
$370,000
$370,000
$382,000
$382,000
$382,000
$793,888
$793,888
$793,888
$376,000
$360,000
$360,000
$360,000
$370,000
$370,000
$382,000
$382,000
$382,000
$793,888
$793,888
$793,888
9
1
1
1
0
0
0
0
0
0
0
0
0
8
8
2
3
3
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22
1
1
1
0
0
0
0
0
0
0
0
0
18
18
9
5
4
4
1
0
0
0
0
0
0
0
0
0
0
1
1
0
2
2
1
1
0
0
0
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
97%
92%
92%
92%
96%
96%
99%
99%
99%
98%
98%
98%
24
12
12
12
55
55
7
7
7
23
23
23
Toronto Regional Real Estate Board
SUMMARY OF EXISTING HOME TRANSACTIONS Co-Op Apartment, February 2023
Market Watch, February 2023
Copyright 2023 Toronto Regional Real Estate Board
19
ALL TRREB AREAS
Sales Dollar Volume Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. LDOM
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
All TRREB Areas
All TRREB Areas
City of Toronto
City of Toronto
Toronto West
Toronto W01
Toronto W02
Toronto W02
Toronto W03
Toronto W03
Toronto W04
Toronto W05
Toronto W06
Toronto W06
Toronto W07
Toronto W07
Toronto W08
Toronto W09
Toronto W10
Toronto W10
Toronto Central
Toronto Central
Toronto C01
Toronto C02
Toronto C03
Toronto C03
Toronto C04
Toronto C04
Toronto C06
Toronto C07
Toronto C08
Toronto C08
Toronto C09
Toronto C09
Toronto C10
Toronto C11
Toronto C12
Toronto C12
Toronto C13
Toronto C13
Toronto C14
Toronto C15
Toronto East
Toronto East
Toronto E01
Toronto E01
Toronto E02
Toronto E03
Toronto E04
Toronto E04
Toronto E05
Toronto E05
Toronto E06
Toronto E07
Toronto E08
Toronto E08
Toronto E09
Toronto E09
Toronto E10
Toronto E11
4
4
1
1
1
0
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$1,905,888
$1,905,888
$382,000
$382,000
$382,000
$382,000
$382,000
$476,472
$476,472
$382,000
$382,000
$382,000
$382,000
$382,000
$376,000
$376,000
$382,000
$382,000
$382,000
$382,000
$382,000
9
9
8
8
2
0
0
0
0
0
0
0
1
1
0
0
1
0
0
0
3
3
0
0
0
0
1
1
0
0
0
0
2
2
0
0
0
0
0
0
0
0
3
3
0
0
1
0
0
0
0
0
0
0
0
0
0
0
2
0
22
22
18
18
9
0
0
0
0
0
0
0
6
6
0
0
3
0
0
0
5
5
0
0
0
0
1
1
0
0
0
0
4
4
0
0
0
0
0
0
0
0
4
4
0
0
1
0
0
0
0
0
0
0
0
0
0
0
3
0
97%
97%
99%
99%
99%
99%
99%
24
24
7
7
7
7
7
Toronto Regional Real Estate Board
SUMMARY OF EXISTING HOME TRANSACTIONS Co-Op Apartment, February 2023
Market Watch, February 2023
Copyright 2023 Toronto Regional Real Estate Board
20
City of Toronto Municipal Breakdown
Sales Dollar Volume Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. LDOM
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
All TRREB Areas
Halton Region
Halton Region
Burlington
Halton Hills
Milton
Milton
Oakville
Peel Region
Brampton
Brampton
Caledon
Mississauga
City of Toronto
City of Toronto
Toronto West
Toronto Central
Toronto East
Toronto East
York Region
Aurora
East Gwillimbury
East Gwillimbury
Georgina
King
Markham
Markham
Newmarket
Richmond Hill
Richmond Hill
Vaughan
Vaughan
Stouffville
Durham Region
Durham Region
Ajax
Ajax
Brock
Clarington
Clarington
Oshawa
Oshawa
Pickering
Scugog
Scugog
Uxbridge
Uxbridge
Whitby
Dufferin County
Dufferin County
Orangeville
Orangeville
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio
Bradford
Bradford
Essa
Innisfil
Innisfil
New Tecumseth
2
0
0
0
0
0
0
0
1
0
0
0
1
0
0
0
0
0
0
1
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$2,089,000
$730,000
$730,000
$1,359,000
$1,359,000
$1,044,500
$730,000
$730,000
$1,359,000
$1,359,000
$1,044,500
$730,000
$730,000
$1,359,000
$1,359,000
9
1
1
1
0
0
0
0
3
1
1
0
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4
0
0
0
0
0
0
0
4
15
1
1
1
0
0
0
0
3
2
2
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10
0
0
0
0
0
0
0
10
106%
124%
124%
99%
99%
7
5
5
8
8
Toronto Regional Real Estate Board
SUMMARY OF EXISTING HOME TRANSACTIONS Detached Condo, February 2023
Market Watch, February 2023
Copyright 2023 Toronto Regional Real Estate Board
21
ALL TRREB AREAS
Sales Dollar Volume Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. LDOM
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
All TRREB Areas
All TRREB Areas
City of Toronto
City of Toronto
Toronto West
Toronto W01
Toronto W02
Toronto W02
Toronto W03
Toronto W03
Toronto W04
Toronto W05
Toronto W06
Toronto W06
Toronto W07
Toronto W07
Toronto W08
Toronto W09
Toronto W10
Toronto W10
Toronto Central
Toronto Central
Toronto C01
Toronto C02
Toronto C03
Toronto C03
Toronto C04
Toronto C04
Toronto C06
Toronto C07
Toronto C08
Toronto C08
Toronto C09
Toronto C09
Toronto C10
Toronto C11
Toronto C12
Toronto C12
Toronto C13
Toronto C13
Toronto C14
Toronto C15
Toronto East
Toronto East
Toronto E01
Toronto E01
Toronto E02
Toronto E03
Toronto E04
Toronto E04
Toronto E05
Toronto E05
Toronto E06
Toronto E07
Toronto E08
Toronto E08
Toronto E09
Toronto E09
Toronto E10
Toronto E11
2
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$2,089,000
$2,089,000
$1,044,500
$1,044,500
$1,044,500
$1,044,500
9
9
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15
15
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
106%
106%
7
7
Toronto Regional Real Estate Board
SUMMARY OF EXISTING HOME TRANSACTIONS Detached Condo, February 2023
Market Watch, February 2023
Copyright 2023 Toronto Regional Real Estate Board
22
City of Toronto Municipal Breakdown
Sales Dollar Volume Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. LDOM
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
All TRREB Areas
Halton Region
Halton Region
Burlington
Halton Hills
Milton
Milton
Oakville
Peel Region
Brampton
Brampton
Caledon
Mississauga
City of Toronto
City of Toronto
Toronto West
Toronto Central
Toronto East
Toronto East
York Region
Aurora
East Gwillimbury
East Gwillimbury
Georgina
King
Markham
Markham
Newmarket
Richmond Hill
Richmond Hill
Vaughan
Vaughan
Stouffville
Durham Region
Durham Region
Ajax
Ajax
Brock
Clarington
Clarington
Oshawa
Oshawa
Pickering
Scugog
Scugog
Uxbridge
Uxbridge
Whitby
Dufferin County
Dufferin County
Orangeville
Orangeville
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio
Bradford
Bradford
Essa
Innisfil
Innisfil
New Tecumseth
3
0
0
0
0
0
0
0
0
0
0
0
0
3
3
0
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$1,435,513
$1,435,513
$1,435,513
$1,435,513
$478,504
$478,504
$478,504
$478,504
$450,000
$450,000
$450,000
$450,000
8
0
0
0
0
0
0
0
0
0
0
0
0
8
8
1
7
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10
0
0
0
0
0
0
0
0
0
0
0
0
10
10
2
8
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
96%
96%
96%
96%
15
15
15
15
Toronto Regional Real Estate Board
SUMMARY OF EXISTING HOME TRANSACTIONS Co-Ownership Apartment, February 2023
Market Watch, February 2023
Copyright 2023 Toronto Regional Real Estate Board
23
ALL TRREB AREAS
Sales Dollar Volume Average Price Median Price New Listings Active Listings Avg. SP/LP Avg. LDOM
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
Abc
All TRREB Areas
All TRREB Areas
City of Toronto
City of Toronto
Toronto West
Toronto W01
Toronto W02
Toronto W02
Toronto W03
Toronto W03
Toronto W04
Toronto W05
Toronto W06
Toronto W06
Toronto W07
Toronto W07
Toronto W08
Toronto W09
Toronto W10
Toronto W10
Toronto Central
Toronto Central
Toronto C01
Toronto C02
Toronto C03
Toronto C03
Toronto C04
Toronto C04
Toronto C06
Toronto C07
Toronto C08
Toronto C08
Toronto C09
Toronto C09
Toronto C10
Toronto C11
Toronto C12
Toronto C12
Toronto C13
Toronto C13
Toronto C14
Toronto C15
Toronto East
Toronto East
Toronto E01
Toronto E01
Toronto E02
Toronto E03
Toronto E04
Toronto E04
Toronto E05
Toronto E05
Toronto E06
Toronto E07
Toronto E08
Toronto E08
Toronto E09
Toronto E09
Toronto E10
Toronto E11
3
3
3
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
3
0
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$1,435,513
$1,435,513
$1,435,513
$1,435,513
$1,435,513
$1,435,513
$540,000
$450,000
$450,000
$445,513
$445,513
$478,504
$478,504
$478,504
$478,504
$478,504
$478,504
$540,000
$450,000
$450,000
$445,513
$445,513
$450,000
$450,000
$450,000
$450,000
$450,000
$450,000
$540,000
$450,000
$450,000
$445,513
$445,513
8
8
8
8
1
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
7
7
1
0
0
0
1
1
0
0
0
0
0
0
0
0
0
0
1
1
4
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10
10
10
10
2
0
0
0
0
0
0
2
0
0
0
0
0
0
0
0
8
8
1
0
0
0
2
2
0
0
0
0
0
0
0
0
0
0
0
0
5
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
96%
96%
96%
96%
96%
96%
98%
98%
98%
93%
93%
15
15
15
15
15
15
14
12
12
18
18
Toronto Regional Real Estate Board
SUMMARY OF EXISTING HOME TRANSACTIONS Co-Ownership Apartment, February 2023
Market Watch, February 2023
Copyright 2023 Toronto Regional Real Estate Board
24
City of Toronto Municipal Breakdown
Bradford West Gwillimbury
Whitchurch-Stouûville
Adjala-Tosorontio
East Gwillimbury
Richmond Hill
Toronto W06
Toronto W09
Toronto W05
Toronto E09
Toronto E06
Toronto E07
Halton Hills
Orangeville
Burlington
Clarington
Brampton
Markham
Georgina
Pickering
Vaughan
Oshawa
Caledon
Oakville
Scugog
Innisûl
Milton
Brock
Essa
King
Toronto Regional Real Estate Board
Historic Annual Statistics
Market Watch, February 2023
Copyright 2023 Toronto Regional Real Estate Board
27
Monthly Statistics 2023
Monthly Statistics 2022
Year Sales Average Price
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021 $1,095,475
$929,636
$819,153
$787,842
$822,510
$729,824
$622,116
$566,611
$522,951
$497,073
$464,989
$431,262
121,712
95,066
87,747
78,017
92,340
113,040
101,213
92,776
87,047
85,488
89,110
85,860
January
February
March
April
May
June
July
August
September
October
November
December
Annual $1,189,917
$1,050,942
$1,079,616
$1,090,429
$1,086,560
$1,078,873
$1,073,316
$1,145,804
$1,210,509
$1,250,739
$1,298,666
$1,334,062
$1,242,407
75,082
3,103
4,511
4,934
5,001
5,587
4,870
6,423
7,227
7,941
10,863
9,028
5,594
January
February
March
April
May
June
July
August
September
October
November
December
Year to Date $1,073,138
$1,095,617
$1,038,390
7,877
4,783
3,094 Notes
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).
10. "Bradford West Gwillimbury" is referred to as "Bradford" and "Whitchurch-Stouffville" is referred to as "Stouffville" in the report.
Dufferin
Durham
Halton
Peel
Simcoe
Toronto
York
For historical annual sales and average price data over a longer time frame, go to:
https://trreb.ca/files/market-stats/market-watch/historic.pdf