January 2021 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. Once again, the Toronto and area resale market delivered eye-popping results. As compared to last January sales were up by over 52 percent and the average sale price increased by almost 16 percent. In absolute numbers January produced an unprecedented 6,928 sales – there were only 4,546 last year…
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December 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. December’s Toronto and area residential marketplace exhausted all the superlatives that we would normally apply to a robust resale market. Not only was December’s housing market strong by historical standards, but it dramatically exceeded historic norms, performing more like a spring market than what we have come to expect…
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November 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. The Toronto and area residential resale market continued its torrid pace in November, defying all expectations and forecasts. It wasn’t, however, homogenous in its performance, with different housing types and areas performing at dramatically different levels. Overall, reported sales for the greater Toronto area were up a scorching 24.3…
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October 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. It was no surprise that October’s resale market results continued the record pace that began in June. Reported sales hit a new high in October, with 10,563 residential properties trading hands during the month, a 25 percent increase compared to last year.  Not only were sales volume at record…
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September 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. We have run out of superlatives to describe the greater Toronto residential resale marketplace. Records have been broken consistently for the last few months, and September was no exception. Two records were shattered in September: most sales ever recorded for the month, and the highest average sale price for…
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August 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. Another astounding month for the Toronto and area residential resale market place. August broke two records: one for most sales ever recorded for the month of August and two, the highest average sale price for all properties sold in the history of record-keeping for the Toronto and area market…
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July 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. July’s residential resale market performance was record-breaking. Almost 11,100 properties were reported sold, a 28 percent increase compared to the 8,679 properties sold a month earlier. Compared to July 2019, sales improved by almost 30 percent. There were 8,555 residential properties reported sold last year. July’s numbers are the…
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June 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. By any standards, the residential resale market’s recovery in June was nothing but phenomenal. The lockdown and emergency measures implemented by the Province in mid-March literally brought the market to a standstill. It stayed that way throughout April, but by early May, we could sense recovery. By May the…
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May 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. The residential resale market recovered dramatically from the lows experienced in April. In April only 2,975 properties were reported sold for the entire greater Toronto area. A typical April market would produce 9,000 plus sales. April’s decline compared to April 2019 was a shocking 67 percent. In May the…
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April 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. The Toronto and area resale market performed as expected in April. As reported in our March report, the implementation of the emergency lockdown measures had a crushing impact on the resale housing market. With most businesses closed and more than three million Canadians unemployed there was no reason to…
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