September 2021 real estate activity in the GTA showed the return to a pattern consistent with a typical fall market where the number of sales and prices notch higher over summer activity. All property types in September 2021 showed an increase in sales over the previous month of August. A year over year comparison for the month needs to take into consideration that September 2020 was still very much pandemic-influenced. It had the benefit of a 30% surge of new inventory over September 2019, resulting in the highest sales volume ever for the month. While September 2021 saw a significant drop of 49.4% in active listings compared to September 2020, it still managed to register as the third-highest for September sales on record.