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- The City of Toronto is experiencing volatile price movements with strong monthly gains in home prices. For September 2024, the City of Toronto’s average home price was $1,113,671, down by 0.5% year-over-year. However, the City of Toronto’s average home price is up quite significantly, 8.2% monthly.
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Market Report Summary for September 2024. Updated October 3rd, 2024. The Greater Toronto Area’s benchmark home price for September 2024 was $1,068,700, down 4.6% year-over-year. The average home sold price in the GTA decreased 1.1% year-over-year to $1,107,291 for September 2024.
Up-to-date real estate trends & stats for Toronto. Research sales history, average house & condo prices, current listing inventory, and total active listings.
# BedsSep 28 - Oct 263 Mo Ago6 Mo Ago2 Bd$1.2M +7%$1.1M$1.1M3 Bd$1.4M -3%$1.4M$1.5M4 Bd$2.2M +11%$2.0M$2.3M5 Bd$3.1M -12%$4.1M$2.8M5 days ago · The City of Toronto’s average home price is $1,113,671, down 0.5% year-over-year but up 8.2% monthly. Suburban areas such as Mississauga and Brampton are experiencing mixed price changes, with Mississauga average home prices up 2.7% year-over-year to $1,048,914.
Apr 5, 2023 · Toronto-area home prices down 18% from last February, sales halved: real estate board. Average Canadian house price fell 12% last year, new CREA numbers show. Sondhi is now forecasting quarterly...
May 3, 2023 · Toronto's housing market continued to tighten last month as prices edged up four per cent from March and sales moved closer to the level they were at last April, the Toronto Regional Real...
Jan 3, 2024 · Real estate firm Royal LePage is forecasting a six per cent rise in the average home price in the Greater Toronto Area by the end of 2024, and a 4.5 per cent rise in Ottawa.
Despite a recent dip in prices, Toronto’s real estate market remains strong for long-term investors. Over the past 20 years, Toronto home prices have grown by an average of 7.4% annually. This shows steady appreciation, making it an attractive real estate market for long-term holds.
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