2015 Toronto Real Estate Numbers

January 23rd, 2016

With a strong local economy (compared to the rest of the nation), Toronto real estate continued to “grow” in 2015. Total annual sale transactions in Toronto increased from 92,782 (2014) to 101,299 (2015). This shows strong consumer confidence in the Toronto real estate market with continued demand. However, the supply of real estate in the GTA remained low and this resulted in increased sales prices in 2015. The average sales price in 2015 increased from $566,624 (2014) to $622,217 (2015) for all property types (condo apartments, townhouses, semi-detached and detached housing). With strong demand and low supply, pricing will continue to rise in the GTA.