Langstaff Gateway Condos by Kylemore. The housing market in Toronto has soared. The word, which soared by 40%, is very irritating and looks very frightening. Please Visit: the inner chain to Get Your VVIP Registration Today of the real estate page!
In the red box, the trading volume in August increased by 40.3% compared with the same period last year. Note that this is the trading volume! Not the price! When the oral market is gratifying, many people often say that the increase in trading volume is like an increase in prices, creating a sense of tension in many markets.
The blue box is the increase in the average transaction price, up 20.1% from the same period last year, although the increase is only half the increase in trading volume, but it is also amazing. The average price jumped from 7 to 9.
Spurred by rising prices, homeowners have put their houses on the market, so the figures in the yellow box show that supply also rose in August from a year earlier.
Green box is the sales cycle, the time of sales is down 1 / 3 compared with the same period last year, and the sales speed of second-hand housing has accelerated a lot.
In the red circle, there is a year-on-year increase in the trading volume of all types of housing, and the rise of low-rise housing is very large. The green circle is the year-on-year increase in the average transaction price of all types of houses, with the largest increase in independent houses. In these two sets of data, you can see that the volume and price increase of second-hand apartments is the smallest.
The month-on-month increase in the average transaction price of independent houses is 1.6%.
The month-on-month increase in the average transaction price of semi-detached houses is-1.1%.
The month-on-month increase in the average transaction price of townhouses is 1.2%.
The month-on-month increase in the average transaction price of the apartment is:-1%.
In other words, from July to August, the transaction price of the whole Greater Toronto is very stable, and there are no big ups and downs.
By the same token, you can calculate the fluctuations in trading volume by yourself, as well. Moreover, July and August are also 31 days, and there is no need to convert the number of days. There are only 30 days in September, and according to comparability, it is necessary to convert to the daily trading volume to compare.