Why do brokerages, agents, buyers and sellers examine statistics and data? To make better decisions.
By examining trends and patterns, agents, buyers and sellers (and anyone else involved in the real estate marketplace) can better assess the current market and make better decisions.
For instance, if a buyer learned that a home they were interested in putting an offer on was in a neighbourhood whose demand and supply ratio meant that buyer’s had the upper hand, do you think that would alter the buyer’s offer strategy? Absolutely.
It’s why tracking the market absorption rate (MAR) is so important, particularly as we start to come into the spring buying season. The MAR shows the demand and supply relationship of a real estate. It’s calculated by taking the total number of sales at the end of a given time period (in this case, a calendar month) and dividing it by the total number of active listings available during the same time period.
Of course, to make the demand seem stronger and the supply seems less plentiful, it is possible to use the sales (demand) to new listings (new supply). But we don’t like to do that. Instead, we like to get a better idea of the actual market supply and the actual demand for all that is currently listed, so we compare sales to all listings currently available within a given time frame.
Based on the most recent data, as of January 31, 2019, here are the neighbourhoods that are in a buyer’s market (highlighted in yellow), a balanced market (highlighted in green) and in a seller’s market (highlighted in orange). Search this table to find the neighbourhood(s) y0u are most interested in and then adjust your selling or buying strategy accordingly.
Remember, a market is balanced when the sales-to-listings ratio is between 35% and 55%. According to the Toronto Real Estate Board, ratios above 55% indicate a seller’s market, while ratios below 35% indicate a buyer’s market.
Seller’s, Buyer’s & Balanced Markets for GTA Condos & Townhouses
| Area | Neighbourhoods | Market Absorption Rate (AUG) | Market Absorption Rate (Sept) | Market Absorption Rate (October) | Market Absorption Rate (November) | Market Absorption Rate (December) | Market Absorption Rate (January) | M-o-M Change | 6 MONTH MAR AVERAGE |
|---|---|---|---|---|---|---|---|---|---|
| Whitchurch-Stouffville | 27.27% | 16.67% | 6.67% | 0.00% | 0.00% | 0.00% | 0.00% | 8.43% | |
| Simcoe Region | 25.58% | 13.33% | 23.68% | 8.57% | 16.67% | 13.64% | -3.03% | 16.91% | |
| King | 20.00% | 0.00% | 50.00% | 20.00% | 0.00% | 25.00% | 25.00% | 19.17% | |
| Aurora | 16.39% | 20.34% | 17.86% | 17.02% | 19.44% | 28.13% | 8.68% | 19.86% | |
| Vaughan | 21.21% | 24.07% | 29.76% | 37.65% | 28.21% | 21.99% | -6.22% | 27.15% | |
| York Region | 31.00% | 23.99% | 28.83% | 33.69% | 28.33% | 34.30% | 5.97% | 30.02% | |
| Richmond Hill | 31.58% | 24.62% | 30.99% | 28.77% | 27.78% | 55.95% | 28.17% | 33.28% | |
| Markham | 40.29% | 24.65% | 28.62% | 38.86% | 30.51% | 38.67% | 8.17% | 33.60% | |
| Uxbridge | 33.33% | 36.36% | 20.00% | 50.00% | 50.00% | 16.67% | -33.33% | 34.39% | |
| Oshawa | 53.19% | 39.22% | 21.88% | 37.04% | 22.22% | 39.58% | 17.36% | 35.52% | |
| Newmarket | 38.71% | 22.86% | 36.59% | 45.16% | 45.00% | 25.00% | -20.00% | 35.55% | |
| W06 | Mimico, Aldershot, Lakeview | 50.57% | 54.22% | 47.03% | 48.59% | 38.30% | 0.00% | -38.30% | 39.78% |
| C12 | 86.67% | 26.09% | 22.22% | 21.88% | 35.00% | 49.00% | 14.00% | 40.14% | |
| E06 | Birchcliffe Cliffside | 12.50% | 20.00% | 23.53% | 56.25% | 90.00% | -90.00% | 40.46% | |
| Oakville | 54.14% | 36.13% | 54.62% | 42.62% | 25.24% | 34.51% | 9.27% | 41.21% | |
| E05 | Steeles, L'Amoreaux, Tam O'Shanter - Sullivan | 47.92% | 36.08% | 38.04% | 44.74% | 40.00% | -40.00% | 41.36% | |
| C02 | Yonge - St. Clair, Annex University, Wychwood | 47.13% | 41.18% | 47.12% | 54.65% | 36.07% | 26.32% | -9.75% | 42.08% |
| C07 | Westminster - Branson, Newtonbrook West, Willowdale West, Lansing - Westgate | 39.19% | 40.94% | 40.56% | 42.75% | 46.99% | 43.75% | -3.24% | 42.36% |
| C13 | Banbury - Don Mills, Parkwoods - Donalda, Victoria Village | 44.68% | 34.55% | 49.18% | 65.91% | 21.62% | 41.46% | 19.84% | 42.90% |
| C03 | Oakwood - Vaughan, Forest Hill South | 68.42% | 26.92% | 61.54% | 40.91% | 38.46% | 34.78% | -3.68% | 45.17% |
| Pickering | 41.03% | 43.64% | 51.02% | 47.83% | 58.33% | 40.00% | -18.33% | 46.97% | |
| C15 | Bayview Woods - Steeles, Hillcrest Village, Bayview Village, Don Valley Village, Henry Farm, Pleasant View | 46.39% | 35.05% | 58.96% | 59.46% | 36.97% | 46.15% | 9.18% | 47.16% |
| Halton Region | 58.19% | 46.63% | 59.59% | 49.26% | 33.33% | 39.92% | 6.58% | 47.82% | |
| E07 | Milliken, Agincourt North, Agincourt South - Malvern West | 48.42% | 37.63% | 46.51% | 50.70% | 58.33% | -58.33% | 48.32% | |
| W04 | Humberlea - Pelmo Park, Rustic, Maple Leaf, Brookhaven - Amesbury, Mount Dennis, Yorkdale - Glen Park, Briar Hill - Belgravia | 50.00% | 48.05% | 67.19% | 46.75% | 51.72% | 31.88% | -19.84% | 49.27% |
| W05 | Humber Summit, Humbermede, Black Creek, Glenfield - Jane Heights, Downsview - Roding, York University Heights | 73.08% | 42.86% | 51.06% | 51.22% | 42.03% | 35.37% | -6.66% | 49.27% |
| Burlington | 54.03% | 53.49% | 56.35% | 48.31% | 44.19% | 41.90% | -2.28% | 49.71% | |
| Durham Region | 64.52% | 48.91% | 49.44% | 52.50% | 44.70% | 45.04% | 0.34% | 50.85% | |
| W10 | West Humber Clairville, Elms - Old Rexdale, Thistletown - Beaumond Heights, Mount Olive Silverstone Jamestown | 78.95% | 45.16% | 38.16% | 47.83% | 59.62% | 44.94% | -14.68% | 52.44% |
| C11 | Thorncliffe Park, Flemingdon Park, Leaside | 65.71% | 57.14% | 47.62% | 53.33% | 48.65% | 43.24% | -5.41% | 52.62% |
| Georgina | 50.00% | 66.67% | 50.00% | 0.00% | 50.00% | 100.00% | 50.00% | 52.78% | |
| W07 | Newtonbrook West, Westminster - Branson, Willowdale West, Lansing - Westgate | 50.00% | 9.09% | 100.00% | 66.67% | 25.00% | 66.25% | 41.25% | 52.83% |
| Toronto East (Region) | 54.23% | 41.25% | 50.78% | 60.09% | 53.09% | 57.78% | 4.69% | 52.87% | |
| E11 | Malvern, Rouge E11 | 50.00% | 32.14% | 59.26% | 67.50% | 62.96% | -62.96% | 54.37% | |
| Toronto West (Region) | 61.17% | 52.74% | 60.06% | 59.97% | 58.50% | 49.20% | -9.30% | 56.94% | |
| Toronto Region | 59.06% | 50.12% | 59.42% | 62.71% | 63.30% | 47.45% | -15.85% | 57.01% | |
| Toronto Central (Region) | 59.81% | 51.76% | 61.81% | 64.67% | 56.26% | 47.88% | -8.38% | 57.03% | |
| E09 | Bendale, Woburn, Morningside | 61.11% | 59.74% | 55.00% | 62.32% | 49.09% | -49.09% | 57.45% | |
| C06 | Bathurst Manor, Clanton Park | 33.33% | 41.03% | 66.67% | 66.67% | 100.00% | 38.46% | -61.54% | 57.69% |
| C14 | Newtonbrook East, Willowdale East | 57.07% | 53.67% | 63.86% | 72.80% | 48.39% | 54.74% | 6.35% | 58.42% |
| E03 | East York, Broadview North, Danforth, Danforth Village - East Yori, O'Connor - Parkview, Crescent Town | 35.00% | 32.00% | 85.71% | 42.11% | 130.00% | 26.19% | -103.81% | 58.50% |
| C04 | Bedford Park Nortown, Lawrence Park North, Lawrence Park South, Forest Hill North, Edgemont - Lawrence | 60.00% | 35.14% | 84.00% | 42.86% | 75.00% | 61.54% | -13.46% | 59.76% |
| W09 | Willowridge-Martingrove-Richview, Kingsview Village - The Westway, Humber Heights | 36.36% | 42.50% | 56.41% | 81.82% | 83.33% | 59.26% | -24.07% | 59.95% |
| E08 | Scarborough Village, Cliffcrest, Guildwood | 52.50% | 57.58% | 26.67% | 86.67% | 80.00% | -80.00% | 60.68% | |
| Brampton | 46.70% | 38.69% | 56.73% | 64.75% | 49.50% | 108.57% | 59.07% | 60.82% | |
| C01 | Dufferin Grove, Palmerston - Little Italy, Trinity Bellwoods, Waterfront Communities C1, Niagara, The Islands | 71.81% | 61.28% | 71.93% | 70.89% | 68.89% | 25.58% | -43.31% | 61.73% |
| Peel Region | 63.71% | 52.35% | 70.73% | 64.60% | 61.11% | 68.19% | 7.08% | 63.45% | |
| W08 | Eringate - Centennial West Deane, Princess-Rosethorn, Edenbridge Humber Valley, Kingsway South, Etobicoke West Mall, Markland Woods, Islington City Centre West | 61.68% | 50.74% | 68.70% | 63.16% | 80.28% | 63.16% | -17.12% | 64.62% |
| E01 | North Riverdale, South Riverdale | 75.00% | 57.14% | 100.00% | 59.38% | 55.56% | 43.48% | -12.08% | 65.09% |
| E04 | Wexford Maryvale, Dorset Park, Ionview, Kennedy Park, Clairlea Birchmount, Oakridge | 70.83% | 32.76% | 48.21% | 64.71% | 110.34% | -110.34% | 65.37% | |
| Mississauga | 69.83% | 57.58% | 75.87% | 64.47% | 64.75% | 60.00% | -4.75% | 65.42% | |
| C08 | Cabbagetown South - St. Jamestown, Regent Park, Moss Park, Waterfront Communities C8 | 69.31% | 65.45% | 61.25% | 75.00% | 48.55% | 78.79% | 30.24% | 66.39% |
| C10 | Mount Pleasant East | 71.05% | 49.15% | 80.00% | 89.19% | 76.19% | 35.71% | -40.48% | 66.88% |
| E02 | Woodbine Corridor, The Beaches | 62.50% | 84.62% | 45.00% | 100.00% | 23.08% | 88.10% | 65.02% | 67.21% |
| Clarington | 108.33% | 31.58% | 100.00% | 66.67% | 75.00% | 37.50% | -37.50% | 69.85% | |
| C09 | Rosedale - Moore Park | 27.78% | 83.33% | 63.16% | 109.09% | 57.14% | 88.00% | 30.86% | 71.42% |
| Milton | 95.45% | 45.16% | 68.97% | 64.29% | 114.29% | 47.62% | -66.67% | 72.63% | |
| Whitby | 114.29% | 54.17% | 75.00% | 57.69% | 68.75% | 76.47% | 7.72% | 74.39% | |
| Ajax | 55.56% | 95.83% | 88.89% | 100.00% | 50.00% | 61.54% | 11.54% | 75.30% | |
| E10 | Highland Creek, West Hill, Centennial Scarborough, Rouge E10 | 89.47% | 23.08% | 86.67% | 78.57% | 128.57% | -128.57% | 81.27% | |
| Dufferin Region | 75.00% | 120.00% | 25.00% | 50.00% | 166.67% | 100.00% | -66.67% | 89.44% | |
| High Park - Swansea, Roncessvalles, South Parkdale | 81.48% | 123.33% | 118.52% | 65.63% | 150.00% | 39.02% | -110.98% | 96.33% | |
| W03 | Rockcliffe-Smythe, Keelesdale-Eglinton West, Weston Pellam Park | 100.00% | 58.33% | 100.00% | 114.29% | 266.67% | 33.33% | -233.33% | 112.10% |
| Halton Hills | 87.50% | 118.18% | 171.43% | 175.00% | 39.23% | 100.00% | 60.77% | 115.22% | |
| W01 | High Park - Swansea, Roncessvalles, South Parkdale | 81.48% | 123.33% | 118.52% | 65.63% | 150.00% | 162.50% | 12.50% | 116.91% |
| W02 | High Park North, Junction Area | 106.67% | 73.08% | 96.88% | 205.00% | 115.38% | 118.75% | 3.37% | 119.29% |
| Caledon | 0.00% | 50.00% | 100.00% | 100.00% | --% | --% | --% | --% | |
| Scugog | --% | --% | 0.00% | --% | --% | --% | --% | --% | |
| East Gwillimbury | --% | --% | --% | --% | --% | --% | --% | --% | |
| Brock | --% | --% | --% | --% | --% | --% | --% | --% |
Seller’s, Buyer’s & Balanced Markets for GTA Single-Family Homes
| Area | Neighbourhoods | Market Absorption Rate (August) | Market Absorption Rate (September) | Market Absorption Rate (October) | Market Absorption Rate (November) | Market Absorption Rate (December) | Market Absorption Rate (January) | M-o-M Change | 6 MONTH MAR AVERAGE |
|---|---|---|---|---|---|---|---|---|---|
| King | King | 11.50% | 8.56% | 11.30% | 13.39% | 4.02% | 10.43% | 6.41% | 9.87% |
| C12 | St. Andrew - Winfields, Lawrence Park North | 15.63% | 8.46% | 10.37% | 11.76% | 5.49% | 11.11% | 5.62% | 10.47% |
| C14 | Newtonbrook East, Willowdale East | 13.82% | 11.95% | 11.04% | 8.67% | 11.82% | 25.00% | 13.18% | 13.72% |
| C07 | Westminster - Branson, Newtonbrook West, Willowdale West, Lansing - Westgate | 8.22% | 15.43% | 19.77% | 16.56% | 11.70% | 15.63% | 3.92% | 14.55% |
| East Gwillimbury | East Gwillimbury | 15.33% | 12.86% | 19.76% | 15.96% | 11.90% | 12.22% | 0.32% | 14.67% |
| Uxbridge | Uxbridge | 14.66% | 12.21% | 18.03% | 17.59% | 18.31% | 22.50% | 4.19% | 17.22% |
| Richmond Hill | Richmond Hill | 22.38% | 14.50% | 16.73% | 16.64% | 13.81% | 12.65% | -1.16% | 16.12% |
| C15 | Bayview Woods - Steeles, Hillcrest Village, Bayview Village, Don Valley Village, Henry Farm, Pleasant View | 25.62% | 14.94% | 20.71% | 20.47% | 6.25% | 10.81% | 4.56% | 16.47% |
| Whitchurch-Stouffville | Whitchurch-Stouffville | 20.77% | 17.92% | 22.26% | 16.59% | 16.56% | 13.07% | -3.48% | 17.86% |
| York Region | York Region | 21.80% | 17.34% | 21.98% | 20.83% | 17.42% | 16.21% | -1.21% | 19.27% |
| Simcoe Region | Simcoe Region | 20.68% | 21.26% | 25.62% | 19.64% | 14.72% | 20.76% | 6.03% | 20.45% |
| Brock | Brock | 20.00% | 22.99% | 25.64% | 19.44% | 15.63% | 22.03% | 6.41% | 20.96% |
| Georgina | Georgina | 16.06% | 21.15% | 26.64% | 23.58% | 18.18% | 21.47% | 3.29% | 21.18% |
| Vaughan | Vaughan | 23.49% | 18.48% | 23.27% | 23.32% | 20.85% | 17.82% | -3.04% | 21.20% |
| Markham | Markham | 25.69% | 21.33% | 25.73% | 24.01% | 18.33% | 16.33% | -2.01% | 21.90% |
| Aurora | Aurora | 28.13% | 13.72% | 22.33% | 27.56% | 23.42% | 26.58% | 3.16% | 23.62% |
| Newmarket | Newmarket | 21.72% | 20.67% | 26.80% | 21.11% | 25.23% | 18.10% | -7.13% | 22.27% |
| Caledon | Caledon | 21.99% | 24.92% | 25.72% | 23.95% | 21.21% | 22.11% | 0.89% | 23.32% |
| Scugog | Scugog | 25.00% | 25.23% | 28.30% | 23.86% | 18.46% | 26.15% | 7.69% | 24.50% |
| Oakville | Oakville | 28.81% | 24.05% | 25.66% | 21.47% | 21.16% | 23.27% | 2.11% | 24.07% |
| C06 | Bathurst Manor, Clanton Park | 31.43% | 28.57% | 21.15% | 14.81% | 25.81% | 17.71% | -8.10% | 23.25% |
| E07 | Milliken, Agincourt North, Agincourt South - Malvern West | 35.90% | 29.41% | 28.24% | 25.33% | 21.28% | 25.64% | 4.36% | 27.63% |
| C13 | Banbury - Don Mills, Parkwoods - Donalda, Victoria Village | 16.00% | 37.08% | 37.97% | 37.50% | 12.77% | 1.94% | -10.82% | 23.88% |
| Toronto Central | Toronto Central | 25.18% | 24.06% | 33.33% | 29.22% | 32.62% | 53.85% | 21.22% | 33.04% |
| C04 | Bedford Park Nortown, Lawrence Park North, Lawrence Park South, Forest Hill North, Edgemont - Lawrence | 30.30% | 36.18% | 44.38% | 36.57% | 14.81% | 40.00% | 25.19% | 33.71% |
| E10 | Highland Creek, West Hill, Centennial Scarborough, Rouge E10 | 31.96% | 28.93% | 48.18% | 35.71% | 20.27% | 53.57% | 33.30% | 36.44% |
| W05 | Humber Summit, Humbermede, Black Creek, Glenfield - Jane Heights, Downsview - Roding, York University Heights | 35.94% | 28.30% | 34.03% | 25.58% | 41.76% | 30.30% | -11.46% | 32.65% |
| Halton Region | Halton Region | 38.45% | 29.40% | 36.52% | 29.41% | 34.34% | 32.12% | -2.22% | 33.37% |
| E05 | Steeles, L'Amoreaux, Tam O'Shanter - Sullivan | 42.25% | 26.58% | 33.33% | 33.33% | 33.33% | 60.00% | 26.67% | 38.14% |
| W04 | Humberlea - Pelmo Park, Rustic, Maple Leaf, Brookhaven - Amesbury, Mount Dennis, Yorkdale - Glen Park, Briar Hill - Belgravia | 42.55% | 25.41% | 44.04% | 25.00% | 35.14% | 50.00% | 14.86% | 37.02% |
| Mississauga | Mississauga | 37.64% | 29.89% | 35.19% | 37.00% | 34.07% | 33.71% | -0.36% | 34.58% |
| Pickering | Pickering | 34.07% | 35.27% | 37.13% | 42.35% | 29.03% | 28.57% | -0.46% | 34.40% |
| Durham Region | Durham Region | 39.94% | 34.37% | 37.32% | 40.04% | 33.48% | 35.93% | 2.45% | 36.84% |
| Peel Region | Peel Region | 37.93% | 33.16% | 39.13% | 40.24% | 36.12% | 41.45% | 5.33% | 38.00% |
| Burlington | Burlington | 40.58% | 34.88% | 41.05% | 37.76% | 32.65% | 36.92% | 4.26% | 37.31% |
| Clarington | Clarington | 46.73% | 36.18% | 40.87% | 37.41% | 28.00% | 37.55% | 9.55% | 37.79% |
| W08 | Eringate - Centennial West Deane, Princess-Rosethorn, Edenbridge Humber Valley, Kingsway South, Etobicoke West Mall, Markland Woods, Islington City Centre West | 32.35% | 32.69% | 45.81% | 44.72% | 37.68% | 57.14% | 19.46% | 41.73% |
| Oshawa | Oshawa | 40.53% | 33.75% | 37.38% | 49.02% | 38.28% | 44.19% | 5.91% | 40.53% |
| Halton Hills | Halton Hills | 66.39% | 28.66% | 47.92% | 31.29% | 28.88% | 32.43% | 3.55% | 39.26% |
| E08 | Scarborough Village, Cliffcrest, Guildwood | 48.33% | 40.54% | 43.06% | 33.80% | 38.10% | 41.30% | 3.21% | 40.86% |
| Whitby | 49.83% | 38.54% | 40.19% | 42.31% | 33.33% | 34.31% | 0.98% | 39.75% | |
| C11 | Thorncliffe Park, Flemingdon Park, Leaside | 28.57% | 25.00% | 56.67% | 52.00% | 45.45% | 88.89% | 43.43% | 49.43% |
| Milton | 44.67% | 34.82% | 51.13% | 38.01% | 40.76% | 48.28% | 7.51% | 42.94% | |
| E06 | Birchcliffe Cliffside | 38.78% | 30.67% | 45.71% | 38.18% | 56.67% | 56.67% | 0.00% | 44.45% |
| Toronto Region | Toronto Region | 40.63% | 34.73% | 47.21% | 40.64% | 47.06% | 30.48% | -16.58% | 40.12% |
| Brampton | Brampton | 41.38% | 37.40% | 45.29% | 46.65% | 41.07% | 51.79% | 10.72% | 43.93% |
| C09 | Rosedale - Moore Park | 27.27% | 12.50% | 28.13% | 77.78% | 71.43% | 41.67% | -29.76% | 43.13% |
| W10 | West Humber Clairville, Elms - Old Rexdale, Thistletown - Beaumond Heights, Mount Olive Silverstone Jamestown | 50.85% | 34.72% | 58.46% | 44.07% | 34.15% | 29.03% | -5.11% | 41.88% |
| W06 | Mimico, Aldershot, Lakeview | 66.10% | 39.29% | 55.10% | 42.86% | 19.70% | 39.51% | 19.81% | 43.76% |
| E11 | Malvern, Rouge E11 | 56.36% | 55.36% | 40.00% | 48.84% | 25.00% | 34.92% | 9.92% | 43.41% |
| Toronto East | Toronto East | 53.35% | 45.29% | 59.13% | 52.22% | 18.14% | 14.74% | -3.40% | 40.48% |
| W09 | Willowridge-Martingrove-Richview, Kingsview Village - The Westway, Humber Heights | 55.00% | 34.78% | 23.21% | 55.32% | 72.73% | 22.08% | -50.65% | 43.85% |
| Ajax | Ajax | 49.54% | 47.84% | 46.75% | 46.92% | 61.42% | 41.96% | -19.46% | 49.07% |
| Dufferin Region | Dufferin Region | 36.45% | 42.73% | 70.89% | 39.73% | 68.09% | 48.21% | -19.87% | 51.01% |
| C03 | Oakwood - Vaughan, Forest Hill South | 38.64% | 35.94% | 83.02% | 51.92% | 57.69% | 57.14% | -0.55% | 54.06% |
| E04 | Wexford Maryvale, Dorset Park, Ionview, Kennedy Park, Clairlea Birchmount, Oakridge | 64.63% | 43.36% | 49.00% | 71.79% | 45.10% | 58.14% | 13.04% | 55.34% |
| W03 | Rockcliffe-Smythe, Keelesdale-Eglinton West, Weston Pellam Park | 52.05% | 41.67% | 75.00% | 64.94% | 45.10% | 50.00% | 4.90% | 54.79% |
| C08 | Cabbagetown South - St. Jamestown, Regent Park, Moss Park, Waterfront Communities C8 | 114.29% | 31.58% | 41.67% | 55.56% | 57.14% | 7.92% | -49.22% | 51.36% |
| C01 | Dufferin Grove, Palmerston - Little Italy, Trinity Bellwoods, Waterfront Communities C1, Niagara, The Islands | 57.58% | 57.14% | 93.75% | 52.83% | 55.17% | 17.50% | -37.67% | 55.66% |
| E09 | Bendale, Woburn, Morningside | 61.11% | 42.65% | 87.27% | 49.12% | 76.67% | 42.86% | -33.81% | 59.95% |
| C10 | Mount Pleasant East | 107.69% | 52.00% | 40.00% | 52.17% | 77.78% | 14.29% | -63.49% | 57.32% |
| W01 | High Park - Swansea, Roncessvalles, South Parkdale | 42.86% | 76.67% | 84.85% | 80.00% | 58.33% | 35.82% | -22.51% | 63.09% |
| C02 | Yonge - St. Clair, Annex University, Wychwood | 73.08% | 37.21% | 97.62% | 102.94% | 35.29% | 48.28% | 12.98% | 65.74% |
| E03 | East York, Broadview North, Danforth, Danforth Village - East York, O'Connor - Parkview, Crescent Town | 67.19% | 59.18% | 71.15% | 62.35% | 89.19% | 54.17% | -35.02% | 67.21% |
| W02 | High Park North, Junction Area | 79.31% | 76.79% | 117.31% | 86.05% | 62.96% | 7.14% | -55.82% | 71.59% |
| W07 | Newtonbrook West, Westminster - Branson, Willowdale West, Lansing - Westgate | 130.77% | 77.78% | 93.75% | 79.17% | 42.86% | 32.31% | -10.55% | 76.10% |
| E02 | Woodbine Corridor, The Beaches | 114.29% | 80.49% | 123.08% | 121.05% | 114.29% | 58.33% | -55.95% | 101.92% |
| E01 | North Riverdale, South Riverdale | 118.18% | 112.24% | 200.00% | 125.81% | 175.00% | 46.71% | -128.29% | 129.66% |
Six-month Trends
In the GTA, the neighbourhoods that remained firmly in a seller’s market for single-family homes (SFH) include:
- E01 (North Riverdale, South Riverdale) – Average 6 month market absorption rate (MAR) = 129.66%
- E02 (Woodbine Corridor, The Beaches) – Average 6 month MAR = 101.92%
The neighbourhoods that remained firmly in a seller’s market for condos include:
- W02 (High Park North, Junction Area) – Average 6 month market absorption rate (MAR) = 119.29%
- W01 (High Park – Swansea, Roncesvalles, South Parkdale) – Average 6 month MAR = 116.91%
- Halton Hills region – Average 6 month MAR = 115.22%
- W03 (Rockcliffe – Smythe, Keelesdale – Eglinton West, Weston Pellam Park) – Average 6 month MAR = 112.10%
The flipside, of course, is that some communities have been firmly entrenched in a buyer’s market. For single-family homes, these communities included:
- King City region – Average 6 month MAR = 9.87%
- C12 (St. Andrew – Windfields, Lawrence Park North) – Average 6 month MAR = 10.74%
- C14 (Newtonbrook East, Willowdale East) – Average 6 month MAR = 13.72%
- C07 (Westminster – Branson, Newtonbrook West, Willowdale West, Lansing – Westgate) – Average 6 month MAR = 14.55%
- East Gwillimbury – Average 6 month MAR = 14.67%
- Richmond Hill region – Average 6 month MAR = 16.12%
- C15 (Bayview Woods – Steeles, Hillcrest Village, Bayview Village, Don Valley Village, Henry Farm, Pleasant View) – Average 6 month MAR = 16.47%
- Uxbridge region – Average 6 month MAR = 17.22%
- Whitchurch-Stouffville region – Average 6 month MAR = 17.86%
- York region – Average 6 month MAR = 19.88%
For condos and townhouses, the communities that are consistently in a buyer’s market include:
- Whitchurch-Stouffville region – Average 5 month MAR = 8.43%
- Simcoe Region – Average 5 month MAR = 16.91%
- King City region – Average 5 month MAR = 19.17%
- Aurora region – Average 5 month MAR = 19.86%
The key going forward into 2019 will be to keep in eye on the neighbourhood, area and region’s market absorption rates — to determine if a trend is shifting and whether or not this shift offers an opportunity for buyers, sellers or investors.
