A surge of new home listings has pushed inventory levels to the highest it's been since November 2008 🚨
Meanwhile, the GTA's sales-to-new-listings ratio (SNLR) dips to its lowest level since January 2009, and the 2nd lowest since 1996! 🐻
More: https://wowa.ca/toronto-housing-market
- MLS Benchmark: $1,068,700
-4.6% ⬇️Yearly & -1.2% ⬇️Monthly - Average Home Price: $1,107,291
-1.1% ⬇️Yearly & +3.1% ⬆️Monthly - Median: $950,000
-1.0% ⬇️Yearly & +2.7% ⬆️Monthly - Sales: 4,996
+7.6% ⬆️Yearly & +0.4% ⬆️Monthly
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