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GTA, Toronto Real Estate Market Report, Treb Report, July 2021

July 2021 // Greater Toronto Real Estate Market Report

August 09, 2021

 

Price//

  • The average price of a home in the GTA Region was $1,062,256  in July 2021.

  • This figure was down  by approx. 3% from June  2021. 

  • The average price increased from last year by approx. 13% ( July  2020). 

  •  

Sales Activity//

  • With 9,360 sales, volume decreased from last month (June. 2021) by approx. 16%.

  • Sales activity was down from last year (July 2020) by approx. 15%. 

 

Market//

  • Homes in the Greater Toronto Area sold in 20 days on the market with an average sales to listing price ratio of 4% over asking (104%)

  • There is currently 1.1 months of supply on the market which is down from last month (June 2021) at 8%. Inventory is down from last year by approx. 39% (July 2020)

 

  

Analysis//

 

  • The market continues to perform at record high levels in terms of sales and average prices.

Robert Jendrzejczak // NS Admin

As the Founder of New Street, Robert is passionate about optimizing the customer experience. He is a stickler for real-world business results. Rob has developed deep insights into the market and an insider perspective of what homebuyers are looking for these days. When he’s not helping New Street clients, he’s probably catching a run while purposefully ignoring the stop signs. Follow robertj.ca on Instagram.

All Stories By : Robert Jendrzejczak // NS Admin

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