[mon-fri] 9-8 [sat] 9-4 [sun] 10-2


drop us a line anytime!

where you’ll find us!

74 Jutland Road Unit #40

Toronto, ON M8Z 0G7

‘the numbers’ [april 2021]
by sutton old mill

➕april 2021➕


At first glance, April was another record setting month for Toronto Real Estate. When comparing April 2021 to April 2020 [when the impact of COVID on Toronto real estate was the most significant], the ‘416’ is showing significant growth in key market indicators including sales up +355%, new listings up +237% and active listing up +33%. However, when compared to March 2021, there was a modest slowing in the number of sales in April 2021 indicating that the blazing pace of home sales for the previous six months may be moderating.

Selling prices for all major home types remained strong with pricing with increases in average selling prices for detached houses [+36%], semi-detached houses [+19%], and townhouses[+20%] vs. April 2020. As previously predicted, April 2021 marked a turning point for the ‘416’ condo segment with renewed price growth pushing average condo selling prices +19%, vs. April 2020.

Looking to buy or sell a home in Toronto? Average prices in April were as follows:

➕Detached $1,699,758
➕Semi-detached $1,308,799
➕Townhouse $942,371
➕ Condo $727,137

more of what you love

‘the numbers’ [october 2023]

➕october 2023➕ Lack of affordability and uncertainty of interest rate decisions remained barriers for many would-be home buyers in Toronto.  As a result, sales edged slightly lower, vs. October 2022.  Yet, robust population growth and a resilient regional economy...

read more

‘the numbers’ [september 2023]

➕september 2023➕ Despite persistent high borrowing costs, elevated inflation, a deceleration in economic growth, and uncertainty surrounding the decision-making process of the Bank of Canada, the Toronto housing market experienced a notable shift. In the face of a...

read more

‘the numbers’ [august 2023]

➕august 2023➕ August in the Toronto real estate market was marked by higher borrowing costs, ongoing uncertainty about the economy and the decision-making process of the Bank of Canada, and a limited supply of property listings. Total sales remained stable, while new...

read more

‘the numbers’ [july 2023]

➕july 2023➕   ➕ the numbers’ for July are in! Home sales in July remained strong and surpassed last year's levels, indicating that many households have adapted to higher borrowing costs. However, the sales momentum experienced earlier in the spring has slowed...

read more

‘the numbers’ [june 2023]

➕june 2023➕   ➕ ‘the numbers’ for June are in! Despite higher borrowing costs, the demand for homeownership continues to grow, indicating a robust Toronto real estate market.  Total sales were up +23% vs. June 2022, though trending slightly down [-4%] from last...

read more

‘the numbers’ [may 2023]

➕may 2023➕   ➕Let’s delve into ‘the numbers’ for May.   Recovery, limited supply and increasing competition remain the headlines for Toronto Real Estate. The demand for homes in Toronto continues to surpass the available supply, leading to intense competition...

read more