Late Fall Home Prices In Toronto | Market Update

𝐋𝐚𝐭𝐞 𝐅𝐚𝐥𝐥 𝐇𝐨𝐦𝐞 𝐏𝐫𝐢𝐜𝐞𝐬 𝐈𝐧 𝐓𝐨𝐫𝐨𝐧𝐭𝐨 | 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞

Greater Toronto Market Update
•Homeownership market activity was down in November due to higher borrowing costs impacting affordability.
• Sales were down 49% compared to November 2021, but remained at a similar level to October.
• New listings were down on both a year-over-year basis and month-over-month basis.
• The MLS® Home Price Index Composite Benchmark was down by 5.5 per cent year-over-year in November 2022. The average selling price for all home types combined was down by 7.2 per cent year-over

𝐈𝐬𝐡𝐭𝐢𝐚𝐪 𝐀𝐡𝐦𝐞𝐝
Broker of Record
Zown Realty Inc. Brokerage
http://zown.ca
http://ishtiak.com
Ph: 416-999-6975

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