By the Numbers 

The Toronto Real Estate Boards statistic year over year for the month of January. 

4,009

TREB Sales 

January  2019

$748,328

TREB Average Price January 2019

3,987

TREB Sales 

January 2018

$735,874

TREB Average Price 

January 2018

January Numbers 2019

  • Number of Sales 2019
    4,009 | +0.6%
  • Number of Sales 2018
    3,987
  • Number of New Listing 2019
    9,456 | +10.5% 
  • Number of New Listings 2018
    8,561
  • Number of Active Listing 2019
    11,962 | +0.6% 
  • Number of Active Listings 2018
    11,894
  • Average Price 2019
    $748,328 | +1.7% 
  • Average Price 2018
    $735,874
  • Average Days on the Market (DOM) 2018
    27 Days
  • Average Days on the Market (DOM) 2018
    32 Days

TREB Market Summary

 TORONTO, February 6, 2019 - TREB President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 4,009 home sales through TREB’s MLS® in January 2019 – up by 0.6 per cent compared to January 2018. On a preliminary seasonally adjusted basis, sales were up by 3.4 per cent compared to December 2018. 

“It is encouraging to see the slight increase in January transactions on a year-overyear basis, even with the inclement weather experienced in the GTA region during the last week of the month. The fact that the number of transactions edged upwards is in line with TREB’s forecast for higher sales in calendar year 2019,” said Mr. Bhaura 

The MLS® HPI Composite Benchmark price was up by 2.7 per cent compared to January 2018. The condominium apartment market segment continued to lead the way in terms of price growth. The average selling price was up by 1.7 per cent on a year-over-year basis. After preliminary seasonal adjustment, the average selling price edged lower compared to December 2018. 

“Market conditions in January, as represented by the relationship between sales and listings, continued to support moderate year-over-year price increases, regardless of the price measure considered. Given housing affordability concerns in the GTA, especially as it relates to mortgage qualification standards, we have seen tighter market conditions and stronger price growth associated with higher density low-rise home types and condominium apartments, which have lower average selling prices compared to single detached homes,” said Jason Mercer, TREB’s Director of Market Analysis and Service Channels. 

Breaking Down The Numbers

Sales Numbers, Average Price & Percentage Changes over the same time last year.

Detached

1,703 | +3.5%

$941,488 | -2.8%

Townhouse

685 | +2.5%

$641,028 | +4.6%

Semi-Detached

339 | -5.3%

$742,738 | +3.6%

Condo Apt.

1,238 | -2.4%

$548,176 | +7.9%

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