Current Toronto MLS® stats indicate an average house price of $1,008,207 and 5,716 new listings in the last 28 days. As of today, Toronto housing data shows median days on market for a home is 19 days.
Since March, there was first the market freeze-up in the immediate aftermath of the lockdown. In a matter of weeks, however, the buyers were back, thanks in large part to the real estate industry pivoting to more robust virtual marketing while implementing safety protocols to ensure showings could be conducted safely and responsibly. As spring progressed into summer, the sales figures continued to boggle the mind. Houses were selling with multiple offers for record prices in