<img height="1" width="1" src="https://www.facebook.com/tr?id=390674378043480&amp;ev=PageView &amp;noscript=1"/> Toronto Market Update - August 2017 - The Storey Team : Toronto Real Estate

The Storey Team : Toronto Real Estate

Toronto Market Update - August 2017

09 September 2017
Tom Storey





We saw condos/townhomes remain strong, while detached homes took a slight dip. New listing and total inventory are down for the first time since the April 20th fair housing plan. We are sitting at 2.58 Months of inventory (meaning the market would sell out in 2.5 months if people stopped listing today) Overall we see our market as healthy, and it's encouraging to see overall numbers remain positive despite all the chatter.

Here is a recap of the numbers (with increases/decrease year over year)

Detached: $1,191.052 : down 1.2%
Semi-Detached: $895,361 : up 15.4%
Townhouse: $682,177 : up 11.0%
Condos: $540,169 : up 20.9%