*This is an update for Toronto as a whole and things can look very different between different areas and home types. If you would like to dig deeper into the numbers that matter more to you, please book a call with me here.
Key Takeaways:
Prices are down.
Sales are up.
New Listings are way up.
Days on market are down.
The next rate announcement by the Bank Of Canada is October 23rd and it is expected to be another cut.
Looking at numbers after the first week of September, Toronto Freehold homes are in a Balance Market at 3.4 Months Of Inventory and Toronto Condos are up in a Buyers Market at 6.1 Months Of Inventory.
Data below.
