Detached Home Market in the City of Toronto (August 2021)
A total of 694 detached home sales was reported – down by 37% from the same time last year, with an average selling price of $1.67M.
The number of active listings was 905 units, huge drop compared to this July and last August, indicating a seller-favored market.
Condo Apt Market in the City of Toronto (August 2021)
The average selling price for condos sold in August was $721K, up by 7% year-over-year.
The sales increased by 13% from last August while new listings plummeted by 39%, which means intensive competition among buyers.

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