September 2020 Forecast & Monthly report
And then we can compare it with official report, once it is released
My guess is:
a)Toronto Condos Apt MOI from 2.97 in August to 3.4-3.5 in September.
b)Toronto Detached MOI from 1.52 in August to 1.7 in September
2)Growing Active listings.
a)Toronto from 4564 Condo Apt listings in August to 5300-5400 in September, making it the all-time-high listings number for Toronto condo apt.
b)Toronto detached from 1675 listings in Aug to 1900-2000 in September, still fewer than a year ago
3)Moderately growing month-to-month price in Toronto
a)Detached in Toronto will remain with avg price $1.51M same as in Aug 2020
b)Condo Apt in Toronto price will actually go up from $673k in August to $680-$690k in September 2020
4)Moderately declining price in GTA overall month-to-month and growing listings
a) avg price in GTA will drop from 951k in August to ~945k in Sept
b)19k active listings total in GTA vs 16,7 in August
c)MOI 1.65 in GTA total vs 1.55 in August