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Toronto Housing Market Report.pdf

CP_Toronto_Report_June2019.pdf
Preview of Toronto Housing Market Report
🔗 Source: russellteamtoronto.com
📊 Size: 189 KB
📄 Pages: 2 pages
⬇️ Downloads: 134

Summary

Toronto's residential resale market saw 8,860 properties sold in June, an 11% increase from last year, with the average sale price rising 3% to $832,703. The City of Toronto had an average sale price of $915,481, a 10% increase. Sales took place quickly, with all properties selling in 21 days, and 18 days in the City of Toronto. Inventory remains a concern, with 16,655 available properties, a 6% decrease from last year. The high-end market improved, with 257 properties selling for $2 million or more, a 9% increase. Population growth, driven by immigration, continues to put pressure on housing availability and affordability.

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Description

Toronto's residential resale market saw 8,860 properties sold in June, an 11% increase from last year, with the average sale price rising 3% to $832,703.

Technical Information

  • File Format: PDF
  • File Size: 189 KB
  • Pages: 2
  • Language: EN
  • Total Downloads: 134
  • Last Updated: 4 hours ago

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