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01/26 - Trends

January Market Watch

ROM Toronto

The January Market Watch was just released this week, and after reviewing the numbers we asked the FM Team to share their top takeaways:

Condos Continue To Thrive 

Anyone who’s looking to sell a condo is in a great position right now, as the average price of a condo is up 15% and inventory continues to remain extremely tight.

Media Speculation, Is Just Speculation

Despite the scary headlines and speculation in the media, Toronto home prices are continuing to appreciate in value. While it’s true that transactions volumes are down after a record-breaking year last year, prices are remaining stable in all market segments.

2018 Is Off To A Great Start 

The January Market Watch data illustrated that the Toronto Real Estate Market is still very much a sellers market.


To take a look at the December Market Watch numbers, click here!