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- Two straight years of double-digit annual declines in the number of new multi-family housing sales in the GTHA resulted in only 14,947 apartments and townhouses selling in 2023, new research from data and analytics firm Zonda Urban released this month reveals.
torontosun.com/life/homes/condo-sales-reach-a-bottom-point
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What happened to condo sales in Toronto last month?
What happened to new condo sales in GTA in Q3 2023?
Are condo apartment sales down in Q2 2024?
What is the average selling price in Toronto compared to Q2 2023?
Nov 1, 2023 · A total of 2,664 new condo units were sold throughout the GTA during the third quarter of this year, according to Urbanation’s Q3-2023 Condominium Market Survey.
Oct 12, 2023 · SALES SUMMARY. Sales on the Toronto Real Estate Board continued their downward trend. In September there were just 4,642 sales – 7.1% lower than last September and 12.1% lower than August. This market is in serious trouble. Last month we said prices (which have been supported by a lack of listings) are about to drop further.
Nov 1, 2023 · Greater Toronto Area (GTA) new condominium sales totaled 2,664 units in Q3-2023, up 41% from a year ago in Q3-2022 when presale activity was effectively ground to a halt as interest rates began rising rapidly but representing the second lowest Q3 total of the past 20 years.
Sep 14, 2023 · From August of 2022 to August of 2023, new listings are 40.7% higher and active listings are 46.2% higher. Based on the increase in listings, expect overall prices to be 3% lower this fall. For the condo market prices will be down more. Expect price declines of 5-10%.
The average condo apartment selling price in Q2 2024 was $729,005 – down by 1.2 per cent compared $737,925 in Q2 2023. In the City of Toronto, the average selling price was $765,963 – down by 0.5 per cent compared to Q2 2023.
1 day ago · In August, sales in the Greater Toronto Area real estate market dropped to their lowest level for that month since 2000. Condo apartments and townhouses in the central 416 area code were ...
Mar 15, 2023 · Sales Summary. Sales on TRREB for February were 4,783. That is down 47% from February of 2022 but up 55% from January. In 2022, the January to February uptake was 61% or very similar. Month to month comparisons are more important because cyclical changes are more critical than seasonal at this time.
