Goooooooddd Moooorrrrning!

It’s almost 2025 and with that I wanted to make sure you get the stats so you can finish your new year planning. This email is a little shorter than normal and is focusing mainly on the statistics.

Let me know if you like this better or when I add in some trending Toronto real estate news.

Here’s what we got for you today:

  • 📉 Weekly Toronto Sales Stats

  • 📈 Weekly Toronto Rental Stats

  • 🤝 Why we’re starting to track rental stats

Weekly Real Estate Sale Stats - Toronto, Ontario (December 23-30)

Toronto
Overall

For Sale
6,955 (-6.61%)

Sold
43 (-65.32%)

Toronto
Detached

For Sale
1,441 (-9.37%)

Sold
2 (-60%)

Toronto
Condos

For Sale
4,601 (-5.29%)

Sold
36 (-65.05%)

Weekly Real Estate Rental Stats - Toronto, Ontario (December 23-30)

Toronto
Overall

For Rent
8,261 (NA)

Rented
120 (NA)

Toronto
Detached

For Rent
1,318 (NA)

Rented
0 (NA)

Toronto
Condos

For Rent
6,124 (NA)

Rented
116 (NA)

Stats as of 9:30am EST December 30, 2024. Compared week over week.

I’m Starting to Track Rental Stats

With the recent news about rental weakness I thought it would be beneficial for both realtors and investors to know exactly where the weakness is coming from. The best way to know that is through data and tracking the weekly changes in statistics.

We are starting this small with Toronto, but eventually will move into smaller markets so that we can highlight strong/weak pockets.

We are hoping to build the data out large enough where realtors can help renters identify where there's way more supply than demand. In these areas you'd most likely have a better chance of negotiating lower rent because units may be sitting on the market longer.

Investors can also use this data to see where rental demand is high and the best places to invest in the city.

Here’s some current stats from the Toronto market (30 day rented history):

  • 6,124 condos currently on the market to rent.

  • 528 condos rented in the last 30 days.

In smaller pockets it's a much healthier market.

Ex. Mimico, Ontario

  • 165 condos currently on the market to rent.

  • 93 condos rented in the last 30 days.

Is there a specific area you want me to highlight on the Google Sheet? Just reply back to this email.

👇 Get the full breakdown of our Toronto inventory statistics 👇

*Updated every week

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