Toronto Market Recap Week 36 – Will inflation continue to go down?

Hey everyone, wonderful peeps! 🌟 Hope everyone’s feeling fab! 💫 Welcome back to our Week 36 recap – where we spill the tea on the latest market vibes and sprinkle in some sweet insights for you! 📈✨

First off, huge shoutout to all our amazing viewers! 🙌 If you’re tuning in and enjoying the content, we’d love your support! Hit that subscribe button and let’s keep spreading the real estate love! ❤️🏠

Now, let’s dive into the nitty-gritty! 🕵️‍♂️💼

📉 **Inflation Insights:** Guess what, folks? Inflation’s taken a slight dip to 2.8%, a tad lower than expected! 🎈✨ This could be a promising sign nudging us towards potential rate cuts down the road – possibly around July! 📆💸

🏙️ **Downtown Buzz:** Here’s the scoop on downtown and the surrounding areas: while active listings are showing a little bump, sales are holding steady. Condos are making a comeback, with prices on the upswing! 🚀🌆

🌳 **Don Mills Deets:** Don Mills is keeping it cool with a balanced market – active listings and sales are cruising along without much fuss. Prices are seeing a modest uptick, especially in the condo scene! 🏘️💼

🏡 **Leaside Leaps:** Over in Leaside, things are steady as she goes! Freehold and condo activity is keeping pace, with a slight rise in sales on the condo side. 📈🔍

🌟 **Spring Sprouts:** With spring in the air, we’re seeing a surge in listings and some surprising hotspots for multiple offers! 🌸🔥

That’s a wrap for this week, folks! 🎬 As always, if you’re itching for more info tailored to your needs, slide into our DMs! 📥 We’re here to break it down and help you navigate the real estate maze! 🗺️✨ Don’t forget to like, share, and subscribe for more market magic! 💫🏡

 

WB- Week Before

Downtown & Surrounding areas 

Housing Average Price-$ 1,468,082   WB – 1,526,680

Active Listings – 476       WB-423

Sold firm –50      WB- 59

Month on inventory –  2.01        WB- 1.83

Average Days on Market-13      WB-19

Condo Ave Price-$873,006     WB- $837,011

Active listings-2326       WB- 2202

Sold firm-103     WB –98

Months of Inventory-4.29     WB – 4.06

Average days on market-29        WB-25

Don Mills Area-  

Housing Average Price- $1,861,089   WB – $2,022,400

Active Listings – 53    WB- 54

Sold firm –10       WB –5

Month of Inventory – 2.70     WB- 2.76

Average Days on Market- 15       WB- 12

Condo Ave Price- $942,200     WB – $692,500

Active listings- 90      WB – 76

Sold firm- 5     WB – 6

Months of Inventory – 3.33    WB- 2.81

Average days on market- 10      WB – 31

Leaside, Davisville, Mount Pleasant, Young & Eg 

Housing Average Price- $2,247,500     WB – $2,00,596

Active Listings – 90     WB-84

Sold firm – 7     WB- 19

Months of Inventory- 1.89        WB- 1.77

Average Days on Market- 17      WB – 15

Condo Ave Price- $737,173      WB- $815,467

Active listings- 300     WB-283

Sold firm-15      WB-12

Month of Inventory-3.78      WB- 3.57

Average days on market- 30       WB – 23

Durham ( Pickering, Ajax, Whitby) 

Housing Average Price- $995,514    WB – $974,528

Active Listings – 1097    WB- 1063

Sold firm – 162    WB – 138

Month of Inventory –1.67      WB- 1.62

Average Days on Market- 12      WB- 13

Condo Ave Price- $650,924     WB – $620,480

Active listings- 232      WB – 230

Sold firm-21     WB –25

Months of Inventory –2.10     WB- 2.08

Average days on market-20       WB – 23

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