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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.
Jan 30, 2024 · While these cities comprised the top five for percentage price change over the time period surveyed, Toronto came in seventh, with a price change of 116.6 per cent from 2013 to 2023.
- Becky Robertson
Apr 16, 2024 · The historical data of the Toronto house price index offers a comprehensive look at the past performance of the housing market in the city. This index tracks the changes in house prices over a set period of time, providing a quantitative measure of the overall movement of housing prices in Toronto.
Residential property price indexes, Toronto, index (2017=100) Total, construction type and building type. Resale house. Resale condominium apartment. New house.
Feb 29, 2024 · The cost of living in Toronto went up nearly 20 per cent between 2017 and 2022 – but that’s less than half the increase seen in the city’s housing prices over the last five years, according...
Feb 23, 2022 · Average price has soared over the 25-year period, rising close to 453 per cent, from $198,150 in 1996 to $1,095,475 in 2021, at a compound annual growth rate of 7.08 per cent. Statistics Canada reports the Toronto CMA reached 6,202,225 in 2021, an increase of 45 per cent over the 1996 Census figure of 4,263,759.
Oct 16, 2024 · As of September 2024, the average price of detached homes in Toronto has decreased by 1.2% year-over-year, bringing the average to approximately $1.42 million. This decline reflects ongoing market adjustments amid rising interest rates and economic uncertainties. Comparative Market Performance: