Fourth Quarter TRREB stats are in!⁣

As we are getting ready to wind down and enjoy time with our families and friends to celebrate the end of 2022, we would like to reflect on an eventful year that has brought on new opportunities, challenges, and milestones. Our partnerships grew stronger, and our team’s connection became richer. With our innovative collaboration among valued partners like yourselves, we can send off another successful year of launches and ongoing sales. Representing over 50 communities and 4,500 units with developments across the GTHA, we proudly sold Hamilton, Burlington, Halton, Cottage Country, and Toronto. We are very grateful for your relationship and look forward to another victorious year together.


Increase in Lease Activity MOM in November


New Listings MOM in November


Average Rent Increase YOY


Higher Resale Condo Prices Than Nov 2019


Condo Sales in Nov 2022


YOY Average Condo Rent Increase


Average Selling Price For 2022


Increase in Rent Prices Since 2020


Sales In 2022


Decrease In Q3 Real GDP


Average Condo Selling Price in December 2022

There were 75,140 sales reported in 2022 – down 38.2 percent compared to the 2021 record of 121,639. The number of new listings amounted to 152,873 – down 8.2 percent compared to 166,600 new listings in 2021.

TRREB Chief Market Analyst Jason Mercer

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