Growth in Toronto's single-detached home prices especially strong 토론토 단독주택 가격 강한 상승세

토론토 부동산협회에 따르면 9월중 단독주택 가격 지표는 $946,700으로 전월보다 3.55% 상승하여 2017년 이후 최고였다. 토론토시의 경우 2.74% 올라 $1,135,600이었다. Urbanation에서 조사한 최근 임대 조사에서는 2년래 가장 저조한 상승세였다. 3분기중 GTA의 평균 월 임대료는 $2,515로 전년보다 6.1% 상승한 것이지만, 전월대비하여 변동이 없다. 임대료는 최근 3년간 30% 정도 상승한 급상승 추세가 진정하는 국면으로, 월 $2,500수준에서 안정이 되고 있다. 이는 토론토 공실률이 기록적으로 낮은 0.8% 수준인데, 임대료 상승은 정체되고 있다. 임대용 주택건설은 전년보다 증가추세이고, 전년보다 3.157채 증가하여 25년래 최고 수준이다.

Toronto’s single-detached home price growth in September was the strongest since 2017, according to the city’s real estate association. Data from the Toronto Real Estate Board indicated that the market’s benchmark detached price stood at $946,700 in September, which was 3.55% higher than the month prior. In the City of Toronto, this benchmark went up by 2.74% during the same time frame, ending up at $1,135,600.

These movements accompanied a marked deceleration in the average surveyed rent for recently leased units, which ticked up at the slowest rate in two years according to Urbanation. During Q3 2019, the average surveyed rent for recently leased units and available units in the GTA stood at $2,515 monthly. This was 6.1% higher year-over-year, but “essentially unchanged” from the second quarter.

“The results indicate that rent inflation has begun to moderate after a strong escalation in recent years that brought rents up by about 30% compared to three years ago, suggesting that $2,500 per month may represent a near-term resistance level for GTA rental affordability,” Urbanation reported.

The slowdown came about even as Toronto’s rental vacancy rate remained at a near-record low of 0.8%.

In recent years, the rental market has become a refuge for those fleeing the inflamed prices in the single-detached segment. “The latest data suggests affordability constraints are impacting market growth for rentals, with renters seeking to save on costs by forming more multi-tenant households and substituting to smaller units and less expensive areas of the GTA,” Urbanation president Shaun Hildebrand said.

During the third quarter, nearly 53,000 purpose-built rental units were proposed across the GTA, far outstripping the 42,432 proposal units a year ago. Year-to-date (as of the end of Q3), as much as 3,157 purpose-built rental units have been completed, marking the highest level of new rental supplied delivered in 25 years.

by Ephraim Vecina 24 Oct 2019 https://www.mortgagebrokernews.ca