Months of inventory (MOI) is now 2.4 MOI in Toronto. This means if no new listings were added, the market would sell out of homes within 2.4 months. A balanced market would be between 3-5 MOI. #torontohomes #torontorealestate #trreb
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Detached: There is currently less than 1.3 months of inventory (MOI) for detached homes in the city of Toronto, reminiscent of levels observed last spring/summer when the market was relatively hot.