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January 2021 Market Stats Update

Thursday, February 11, 2021   /   by Maria Ho

January 2021 Market Stats Update

 
Highlights from this video includes:

- January 2021 home sales amounted to 6,928 – up by more than 50 per cent compared to January 2020. This strong start to 2021 included sales growth across all major segments including condominium apartments, both in the City of Toronto and
surrounding GTA regions.
- New listings were also up on a year-over-year basis in January, but not by the same annual rate as sales. This means market conditions tightened compared to January 2020, resulting in the continuation of double-digit growth in the
MLS® Home Price Index and the average selling price.
- The average selling price for January 2021 was up by 15.5 per cent to $967,885 year-over-year. The MLS® HPI Composite Benchmark was up by 11.9 per cent over
the same period.


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  maria homes team, market report, 2021 market stats

iPro Realty Ltd., Brokerage - Maria Homes Team
Maria Ho
C12-30 Eglinton Ave W
Mississauga, ON L5R 3E7
416-858-9006

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2022 Last Updated January 26, 2022
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