To see an accurate picture of the real estate market (and share it with you!), Blue Door is monitoring its dynamics on a month-to-month basis.
The September 2020 Toronto Regional Real Estate Board (TRREB) market watch report indicates a steady trend of growing supply and decreasing demand for most home types. For instance, the number of active listings of detached houses increased by 3.4%, while sales demonstrated 2.4% growth. Condo apartments showcase this difference even better, where sales increase (3.5%) is almost three times lower than the number of active listings (15%).
Nevertheless, the year-over-year dynamics remain positive with a 42.3% increase in sales and a 14% increase in average price.
For more information, check out the full TRREB report PDF.