October 2017 Toronto Real Estate Numbers

November 4th, 2017

Toronto real estate numbers for the month of October 2017 are out. Some good and bad news.

Bad news is that the number of sales are down from October 2016 (7,118 in October 2017 vs 9,715 in October 2016).

Good news, is that prices are increasing at a very stable rate. Average sale price in October 2017 was $780,104 vs $762,691 in October 2016. Also, numbers were much better in October 2017 vs September 2017. The number of sales is up, the average sale price is up and number of active listings is down versus the previous month.

Hopefully this trend continues in November as the market appears to be in balance.

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