Sales in the core of Toronto fell early in the pandemic as residents escaped confined city living, but now that the city has re-opened, the market has picked up. As we emerge from pandemic restrictions, home prices within and in the surrounding cities of Toronto are now skyrocketing. Demand, low inventory levels, and record low interest rates have created a unique, red-hot real estate market. Many buyers have been priced out of single-family homes around Toronto and are either having to turn towards condos or move further out. But for many, the prospect of escaping city life is inviting.