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- While that may seem like a lot, Toronto’s benchmark home price has risen by 42.8 per cent since 2019. According to Zoocasa, which sourced its real estate data from the Canadian Real Estate Association (CREA), the benchmark home price in Toronto five years ago was $746,500. Now, in 2024, that number is $1,065,800.
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How has Toronto's real estate market changed over the years?
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Jun 23, 2022 · Prices soared year over year from $883,573 in 2019 to $986,106 in 2020 and then up to $1.056 million in 2021. The average for May 2022 was $1.212 million. Average Days on Market. Looking at average days on market (DOM), we see the trend makes sense when looking at housing prices.
Feb 29, 2024 · While that may seem like a lot, Toronto’s benchmark home price has risen by 42.8 per cent since 2019. According to Zoocasa, which sourced its real estate data from the Canadian Real...
The graph represent a seasonally adjusted long term valuation trends and may not immediately reflect short term market fluctuations. If you are interested in raw monthly real estate market statistics and short term market fluctuations, please see the tables.
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.
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 · Toronto, as one of the most desirable cities in Canada, has a dynamic housing market that has seen significant changes in price history over the years. By studying the price history of real estate in Toronto, one can gain insight into the market’s fluctuations and make informed decisions.
Jan 7, 2020 · In 2019, the Greater Toronto Area had 3,531 homes newly added to the market, down 18.1% from 2018. The total active listings declined 35.2% year-over-year to 7,406, according to the...
