REAL October Market Review
ESTATE
October 2021
Source: Toronto Regional Real Estate Board, Market Watch, October 2021
GTA AREA Sales
Semi-Detached
Townhouse
Condo Apt
416
905
1,061
3,218
-13.1%
egnahC tnecreP raeY-revO-raeY
Detached
Average Price
-19.9%
416
905
1,784,979 1,459,803 21.2%
29.7%
367
511
-11.1%
-20.9%
14.4%
428
1,201
1,025,257
932,815
1,913
986
739,647
633,951
10.6%
17.0%
5.4%
33.7%
-15.8%
20.5%
1,322,229 1,029,347
23.5%
31.5%
28.6%
“THE ONLY SUSTAINABLE WAY TO ADDRESS HOUSING AFFORDABILITY IN THE GTA IS TO DEAL WITH THE PERSISTENT MISMATCH BETWEEN DEMAND AND SUPPLY. DEMAND ISN’T GOING AWAY. AND THAT’S WHY ALL THREE LEVELS OF GOVERNMENT NEED TO FOCUS ON SUPPLY. THE FEDERAL GOVERNMENT HAS STATED THAT COLLABORATION WITH PROVINCES AND MUNICIPALITIES IS REQUIRED. THIS COLLABORATION COULD BE SPEARHEADED, AT LEAST IN PART, WITH HOUSING-RELATED INCENTIVES TIED TO FEDERAL INFRASTRUCTURE INVESTMENT,”
SAID TRREB PRESIDENT KEVIN CRIGGER.
October 2021
Source: Toronto Regional Real Estate Board, Market Watch, October 2021
DURHAM REGION
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
Average Price
Days on Market
692
759
$1,104,587
10
-23%
-32%
35%
64
71
$817,965
-35%
-32%
33%
125
145
$886,343
-26%
-15%
37%
68
66
$569,535
-29%
-43%
28%
-17%
6 25%
6 -45%
15 -21%
October 2021
Source: Toronto Regional Real Estate Board, Market Watch, October 2021
TORONTO
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
Average Price
Days on Market
1,061
1,340
$1,784,979
13
-14%
-31%
22%
367
414
$1,322,229
-12%
32%
15%
128
133
$1,343,920
2%
-41%
26%
1,913
2,846
$739,647
-37%
11%
33%
-7%
10 9%
14 -7%
18 14%
October 2021
Source: Toronto Regional Real Estate Board, Market Watch, October 2021
MISSISSAUGA
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
Average Price
Days on Market
290
346
$1,558,244
12
-17%
-34%
120
119
-18%
-40%
30
33
43%
14%
24%
357
341
$604,208
57%
-44%
13%
26%
$1,046,682 23%
$1,021,230
-20%
7 -36%
6 -54%
17 -23%
October 2021
Source: Toronto Regional Real Estate Board, Market Watch, October 2021
OAKVILLE
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
Average Price
Days on Market
154
186
$2,031,343
12
-33%
-42%
22%
9
11
$1,302,000
0%
10%
48%
67
63
3%
-22%
57
65
6%
-22%
$1,219,886 26%
$777,521 21%
-43%
8 -27%
8 -60%
18 -22%
October 2021
Source: Toronto Regional Real Estate Board, Market Watch, October 2021
BURLINGTON
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
Average Price
Days on Market
123
141
$1,480,816
10
-33%
-30%
24%
12
12
$998,833
-25%
-37%
24%
22
26
$966,708
-27%
-7%
24%
50
51
$640,472
-29%
-45%
15%
-33%
7 -46%
5 -50%
14 -36%
October 2021
Source: Toronto Regional Real Estate Board, Market Watch, October 2021
MILTON
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
90
107
Average Price $1,442,639
-22%
-20%
26%
21
20
$1,097,310
-16%
-38%
35%
58
50
$956,053
-26%
-36%
25%
15
31
$626,007
-6%
11%
19%
Days on Market 9 -57%
4 -20%
5 -29%
14 -33%
October 2021
Source: Toronto Regional Real Estate Board, Market Watch, October 2021
VAUGHAN
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
Average Price
Days on Market
217
247
$1,844,364
15
-18%
-39%
34
40
-21%
-18%
60
50
-22%
-57%
32%
120
111
$685,778
-45%
16%
52%
21%
$1,199,726 7%
$1,220,140
-19%
4 -69%
10 -55%
20 -17%