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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.
Feb 9, 2024 · TRREB is projecting the average selling price for all residential properties sold in 2024 will hit $1,170,000 a 3.5 per cent increase from 2023 but still shy of the peak of $1,189,850 recorded in 2022.
Mar 4, 2024 · In January 2024, the average home sold price in the Greater Toronto Area (GTA) saw a notable shift, decreasing by 1.2% year-over-year to $1,026,703. This change isn’t just a number; it’s a reflection of the evolving market dynamics, where the types of homes being sold significantly impact overall price trends.
In its 2024 Canadian housing market forecast report, REMAX predicts Toronto area home prices will decline by 3% by year end. Back in April, Phil Soper and Royal Lepage made a bold projection of home prices, to rise 8% in the 4th quarter, 2024.
Current Toronto MLS® stats indicate an average house price of $1,103,019 and 5,937 new listings in the last 28 days. As of today, Toronto housing data shows median days on market for a home is 25 days.
# 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$2.8MOct 16, 2024 · By analyzing past real estate market trends, we aim to provide valuable insights into what the future may hold for the Toronto housing market in 2024 and beyond. Historical Toronto Housing Graph Index: 1. Housing Bubble Example Graph. 2. Historical Detached & Condo Median Price in Toronto. 3. Supply: New Homes Sold per year. 4.
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Oct 17, 2024 · The average selling price of a home in Toronto was $1,068,700 for the month of September 2024, that’s decreased by 1.2% compared to the previous month. On a year-over-year basis, Toronto home prices have decreased 4.6% over the last 12 months.
