Just In! The Toronto Real Estate Board's Stats for June 2017
June Stats Highlights
Mid July stats indicate a decline in the rate of new listings for the first 2 weeks of July (now at + 6.5%) versus the sudden surge of new listings experienced in mid-May (+ 40%) & mid-June (+ 20%) - see below for more complete data
June 2017 - New MLS Listings - UP +15.9% vs June 2016
(Note - this compares to +48.9% New MLS Listing in May 2017 vs May 2016 - indicating the sudden surge of new listings experienced in May lessened in June)
June 2017 - GTA Residential Sales DOWN - 37.3% versus June 2016
June 2017 - GTA Average House Price was $793,915. UP +6.3% vs June 2016
(Note - this compares to March 2017's Average House Price which sat at $916,567 and represented a + 33.2% increase over March 2016's Average House price - indicating the pace of price growth has been reversing since March 2017)
June 2017 (416) Condo sales were down - 21.7% BUT the (416) Condo Average Price was still UP +23.2% vs June 2016 to $552,679.
Toronto Real Estate Board's
Market Watch Report
Just In - Mid July's Real Estate Market Update - Click Here
News Release - June 2017 Sales - A Brief Synopsis - Click Here
Toronto Real Estate Board President Tim Syrianos announced commercial leasing and sale statistics reported through TREB’s MLS® System during the second quarter of 2017.
June Housing Market Charts Available
Toronto Real Estate Board President Tim Syrianos, in his first release as TREB President, announced TREB residential MLS® sales, listings and price statistics for June, a mid-year forecast update and related Ipsos consumer survey results summarizing home buying and selling intentions.