*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.