INFOGRAPHICS: November 2021 TRREB Toronto Market Reports
GTA Home Sales Hit New November Record While Listings Drop
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).
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.
The following data is a comparison between November 2020 and November 2021 numbers, and is current as of December 2021. For last month’s numbers, check out our previous infographic!