TRREB Data
Sales, listings, and average price across the GTA
A plain-language read of the monthly board numbers — where inventory is building, which segments are moving fastest, and how condos compare with freehold homes.
Every month the Toronto Regional Real Estate Board publishes sales, new listings, active inventory, and average price. Average price alone is the least useful number in that set — it moves with the mix of what sold, not with the value of your home.
The two figures worth watching are months of inventory (active listings divided by monthly sales) and the sales-to-new-listings ratio. Under roughly two months of inventory the market favours sellers; above four it favours buyers. Those thresholds differ by segment, which is why condos and detached homes can tell opposite stories in the same month.
Right now the pattern across the GTA is uneven: detached listings in established Toronto and York Region pockets are still absorbing quickly when priced correctly, while downtown condo inventory remains elevated, especially in investor-heavy buildings with assignment and lease competition.
For sellers, the takeaway is pricing discipline and presentation. In a market with choice, the first two weeks of exposure decide the outcome. For buyers, elevated inventory means conditions on financing and inspection are negotiable again in more deals than they were during the frenzy years.
I track these numbers by municipality and property type. If you tell me your street and property type, I'll send the segment data that actually applies to you rather than a GTA-wide average.
Questions about how this affects you?
I'll walk you through the numbers for your property or search.