When people ask about the Canadian real estate market, we’re quick to point out that there isn’t a Canadian real estate market. Real estate is local – it’s not national, it’s not provincial, and it isn’t even really city-based. While we do see trends in volume of sales, days on the market and prices, what’s really important is what’s happening in your neighbourhood.
Last month we eliminated the urban-suburban discrepancies by sharing the real estate market statistics for central Toronto (check out our Market Snapshot infographics if you haven’t already). This week, we share with you what’s happening to prices on a neighbourhood-by-neighbourhood basis, beginning with houses in West Toronto.
If you want to see how prices in your Toronto neighbourhood are changing on a monthly basis (and get all the sold prices for houses/condos in your neighbourhood), make sure to sign up for our T.O. Neighbourhood Reports – it’s the #1 way of staying on top of the market.
When reading the charts below, keep in mind :
- The sample size is small – one $2 million sale can really skew the numbers.
- There are no accepted neighbourhood boundaries, so we’ve done our best and used the same boundaries we usually use
- We’re adding new price reports all the time, so the number of months/years we’ve tracked differs depending on the neighbourhood
- Use the information in the charts to help identify trends, but don’t freak out (or get excited) by one really good or one really bad month.
What’s Happening to Prices in Beaconsfield Village?
What’s Happening to Prices in Brockton Village?
What’s Happening to Prices in Trinity Bellwoods/Queen West?
What’s Happening to Prices in Little Italy?
What’s Happening to Prices in the Junction?
What’s Happening to Prices in the Junction Triangle?
What’s Happening to Prices in Wallace-Emerson
Stay tuned to the blog for the BREL reports on:
Condo Prices in the West End
Condo Prices in the East End