Your Weekly Toronto Real Estate Snapshot, Powered By Zoocasa (Sep. 19 – 25)

toronto home

 

Fall is officially here, and with it, firmer real estate market conditions as all home types have enjoyed positive growth both on a year-over-year and month-over-month basis.

READ: Toronto Luxury Home Sales Are Booming, Vancouver’s Are Toppling [REPORT]

Detached homes continue their strong performance with a 54-per-cent increase from the same week in August, and a respectable seven per cent from 2017, in line with recent reports that house demand will only grow in the medium-term.

Condos for sale in Toronto, while posting a nine-per-cent improvement from August, are up only two per cent from last year, indicating that while demand is healthy, the segment is booming with as much vigour as before.

READ: Toronto Condo Prices Hit A New All-Time High — Again

Townhouses and semi-detached homes both enjoyed respectable gains, up 15 and 12 per cent month over month, and 35 and six per cent year over year.

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