Toronto is seeing a significant and counter-seasonal increase in inventory right now. Heavily skewed to 416 condos and 905 single-family.
Edge Realty Analytics
@EdgeREAnalytics
Equipping top Canadian real estate professionals with important data and timely insights to help them stand apart from the competition.
1 Following 2.9K Followers 99 Posts
Latest posts 5
Thanks John!
Also, if you are in the real estate or mortgage industry, Ben’s monthly @EdgeREAnalytics report is a must read!View quoted post on X
Largest quarterly decline in 🇨🇦 avg house prices since the 1980s. 😬 Not a great sign, but plenty of reasons for optimism longer term. That and more in this month's Edge Report, now available to subscribers. edgeanalytics.ca
Toronto sales-to-new listings ratio is pointing to falling house prices on a year-over-year basis later this year if current trends persist.
Toronto outlook and full stats in the latest report. Sign up at edgeanalytics.ca
Toronto outlook and full stats in the latest report. Sign up at edgeanalytics.ca
👀 Resale housing inventory across Canada is still only 1/2 of what it was at the onset of the pandemic, but the past 2 months have seen the largest increase in listings since 2010. Expect this trend to continue