June 2017 Toronto Real Estate Market figures are out. Click on your neighbourhood of interest for a detailed summary: Toronto | Downtown | East Toronto | West Toronto | Midtown | The Beach(es) | Durham (NEW!)
As always, I’m happy to answer any specific questions you may have about your neighbourhood. Call me anytime at 416-690-2181
The overall Toronto market saw an increase of just under 7 percent in average sales price year over year. The number of homes sold was down significantly from June 2016 to June 2017.
The downtown Toronto Condo market continued it’s record setting pace, which an increase in price of over 25 percent year-over-year.
East Toronto prices were up 11 percent, the number of homes sold were down compared with the same period last year, despite supply (new listings) being up.
Midtown average prices increased 3.75 percent year-over-year.
West Toronto saw a price increase of 4.42 percent year-over-year, while sales volumes decresed and new listings remained relatively the same.
The average sales price in the Beaches was up by 9.12 percent year-over-year.
Durham home prices continued their upward trajectory, which an increase of 13.41 percent year-over-year. Durham continues to be one of the hottest markets in the GTA.