Your Weekly Toronto Real Estate Snapshot, Powered By Zoocasa (Sep. 12 – 18)
September is finally kicking into gear for Toronto real estate, with buyers out in stronger force compared to just a week ago, with gains between 30 to 156 per cent across all home types.
The month-over-month picture, however, is a bit of a mixed bag, with shorter-term sales coming up two per cent short for both detached houses and condos. Semi-detached and townhouses — home types with typically much smaller inventories — saw increases of 65 and 28 per cent, with 15 and five more sold, respectively.
Things continue to improve from 2017 market conditions for detached homes and townhouses, each improving 28 per cent, while condo sales are up 44 per cent.
Semi-detached homes were the only type to see a year-over-year decrease, with activity down 12 per cent compared to last year.