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toronto condo market report

TORONTO MARKET REPORTS


Toronto Market Report November/December 2018

November2018

Sales on the Toronto Real Estate board for October were better than expected. At 7500 units, it was 6% higher than October of last year, and 16 % higher than September. While October is usually the busiest month of the fall market, we recorded 9700 sales in October of 2016. It will be interesting to see if we will hit 7500 sales in November and 80,000 sales for the year. That number will be the lowest annual sales number since 2008! We would describe the market as ‘treading water’.


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