RSS

One Minute Market Update: December - January 2025

*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 YoY and down MoM.

  • Sales are up down and down MoM. 

  • New Listings are up YoY and down MoM. 

  • Months of inventory has been steadily climbing over the past few weeks in all categories. 

  • Looking at numbers after the first couple weeks of January, Toronto Freehold homes are in a Balance Market at 2.7 Months Of Inventory and Toronto Condos are up in a Buyers Market at 4.5 Months Of Inventory.

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.