Real Estate Market of GTA in Nov 2020
- Nov 25, 2020
- 1 min read
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.
This is a great snapshot of how resilient the GTA market was in November 2020, especially given the uncertainty that came with the pandemic. An average home price crossing the $1 million mark while median days on market sat at just 19 days really shows how strong buyer demand was, even during such an unpredictable time. It reminds me of how people were juggling so much at once back then — work, health concerns, and major financial decisions all at the same time. Many students I knew were also overwhelmed and turning to online help with university assignments just to keep up while trying to plan their futures, including whether buying property in the GTA was even realistic. Posts like…
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