Toronto Market Report

Home sales in the Greater Toronto Area (GTA) reached a new record for the month of November. The average selling price also reached a new all-time high at $1,190,300 across all home types. New listings were down substantially compared to last year for all market segments, further highlighting the supply issue being seen all across the GTA.

The average sale price year-over-year saw the biggest increase in detached homes which were up 22.3 percent from last November, with an average sales price of $1,807,983.

GTA Realtors reported 9,017 sales through TREBB in November 2021, which is up 3.3 percent compared to November 2020.

Read more about the Toronto November 2021 Market Report here:  https://trreb.ca/files/news_releases/news2021/nr_market_watch_1121.pdf

Posted by Kevin Sharpe on
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