Typically, in the fall, after a decline in listings during the summer months, Toronto and Ontario’s real estate listings tend to spike in the Fall. That means that more people tend to list in this season to sell their home.
If you have noticed, this past month the number of new listings haven’t increased this month significantly. However, the number of active listings is still quite high. What does that mean? It means people are putting their homes up for sale in Toronto without selling them.