Shifting market conditions suggests that buyers may benefit from more negotiating power in the short term.
- When compared to last September, sales decreased by 7.1 percent and new listings notably increased by 44.1 percent.
- GTA average selling prices grew by 3.0 percent to $1,119,428.
- Given these trends, we suspect the market will remain far more balanced and less competitive in the months ahead.
Want more details? Check out TRREB's Full Report
September 2023 vs. September 2022
September 2023 vs. August 2023
Click here to see Toronto Real Estate Board's Full Report
Want to keep an eye on sales in your neighbourhood?
We can let you know as soon as your neighbour's house goes on the market. Click here to find out more!