Toronto in Q4: Softening Market, Smarter Buys | MrHunter.ca

Toronto
Sales
Houses: 1,109, ↓ 9% yearly
Condos: 1,242, ↓ 3% yearly
Average Price
Houses: ~$1.48M, ↓ 9% yearly
Condos: ~$707K, ↓ 4% yearly
New Listings
Houses: 2,598, ↑ 8% yearly
Condos: 3,396, ↓ 5% yearly
Months of Inventory
Houses: 3.7, ↑ yearly from 2.7
Condos: 5.7, ↑ yearly from 5.3
Toronto’s market is softening, with declining sales, moderate price decreases, and increasing inventory.