September 2022 Market Stats – GTA

GTA Home Prices Remain Stable As Inventory Falls Short Of Demand

In September, GTA buyers were faced with significantly lower inventory than might be anticipated in an early fall market. New listings in September were down 16.7% year-over-year, the lowest number of new listings reported for the month of September since 2002. With fewer homes to choose from, multiple offer scenarios were once again commonplace across the GTA last month.