November 2021 Toronto Area Real Estate Figures
Monday Dec 13th, 2021
November 2021 Toronto Real Estate Figures
TORONTO, ONTARIO, December 3, 2021 – Home sales reached a new record for the month of November and the average selling price also reached a new all-time high. New listings were down substantially compared to last year for all market segments – further highlighting the inherent supply issue across all home types in the Greater Toronto Area (GTA).
Toronto Area Home Sales November 2021:
GTA REALTORS® reported 9,017 home sales through TRREB’s MLS® System in November 2021 – 3.3 per cent above the November 2020 result, setting a new record. In contrast, new listings were down by 13.2 per cent year-over-year, with double-digit declines for low-rise home types, and condominium apartments.
Toronto Area Home Average Price November 2021:
The MLS® Home Price Index composite benchmark was up by 28.3 per cent year-over-year in November 2021. The average selling price for all home types combined was $1,163,323 – up by 21.7 per cent compared to November 2020. Source: Tornto Regional Real Estate Board.
Charts showing Year to Date (YTD) and Year over Year Figures:
Toronto Home Sales November 2021
Toronto Home Average Price November 2021
Toronto Home For Sale November 2021
Toronto Home Listings vs Sales