Toronto area condos may have lost their once-alluring sheen for prospective homeowners (especially investors), but another segment of the city’s real estate market is still seeing growing demand.

Defying the persistent trend of subdued buying that has swept the region during the last year-plus, an increasing number of townhomes are changing hands, making it the hottest property type on the GTA residential market as of December 2024.

Multiple reports on the state of things say as much, including one from industry data firm Zonda Urban, released on Thursday.