Toronto Fall Home Market Busier Than Ever

September real estate sales increased relative to August and were the third-highest mark on record for Toronto, ON, for the month, says the Toronto Regional Real Estate Board (TRREB). Compared to last year, sales represented a higher share of listings and a significantly lower number of new listings. Additionally, the total number of condo sales went down 18 per cent from September 2020, largely due to the lower number of new listings, which were down 34 per cent from the same time last year. “With new listings in September down by one third compared to last year, purchasing a home for many is easier said than done. The lack of housing supply and choice has reached a critical juncture. This is not an issue that can be solved by one level of government alone,” says Kevin Crigger, president at TRREB.