August was a record breaking month in the greater Toronto market place. More residential sales were recorded than any previous August (10,775) and the average sale price moved very close to $1 million ($951,404) for all properties sold, also an all time record, not just for August. Early September indications are that September may also see record breaking sales and average sale prices, particularly with more properties coming to market than in the months before August. Stay tuned!
Click August 2020 Market Report to view the full report by our President and CEO, Chris Kapches.