Toronto

established 1793

discover
DISCOVER

About Toronto

Toronto is Canada’s largest city and a world leader in such areas as business, finance, technology, entertainment, and culture. Its large population of immigrants from all over the globe has also made Toronto one of the most multicultural cities in the world.

The city features an extensive system of underground tunnels and concourses lined with shops, restaurants, and theatres. Through the construction of new housing and mixed-use projects, together with the restoration and rehabilitation of heritage buildings, an extraordinary vitality has been brought to the urban core.

Toronto ranked 7th (tied with Tokyo) of 140 cities in the 2018 Economist’s Livability Survey and 13th (tied with Boston) of 101 cities for best university cities for international students (2019).

market update
market update

Comparative Analysis

2021 Y/Y M/M
Sales 1,450 74.1% 58.5%
New Listings 2,274 44.8% 63.5%
Active Listings 1,207 -4.8% 28.7%
Average Sale Price $1,750,518 19.4% 3.9%
SNLR 63.8% 10.7% -2%

Source: TRREB Market Watch Report – Summary of Existing Home Transactions (Detached)

toronto
toronto

March 2021 Summary

Toronto experienced a 74% year-over-year increase in home sales in March 2021. New listings were up by 44.8% versus March 2020. Average sale price was up 19.4% year-over-year. The sales to new listings ratio (SNLR) was up 10.7% to 63.8%. SNLR at 55% or more indicates a seller’s market; there are more buyers than properties for sale. Month-over-month, the gap between sales (+58.5%) and new listings (+63..5%) narrowed, indicating that perhaps Toronto will see a more balanced market in the near future.

listings
listings

Area listings

schedule
SCHEDULE AN APPOINTMENT

BOOK A CALL

For a complimentary, confidential discussion of your real estate needs, please book a call at a time that is convenient for you, and we will call you.

Book a Call
subscribe
subscribe

Newsletter

Subscribe to our Monthly Newsletter which includes:

  • Neighbourhood market reports
  • Community events
  • Tips and giveaways