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- Toronto home prices fell for the first time in four months as buyers pulled back and listings piled up. The seasonally adjusted benchmark price of a home in Canada’s largest city dropped 0.4% in May to C$1.08 million ($789,800) from a month earlier, according to a report released Wednesday from the Toronto Regional Real Estate Board.
www.bloomberg.com/news/articles/2024-06-05/toronto-home-prices-drop-as-property-listings-linger-on-market
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What happened to Toronto home prices in 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. Detached home average price decreased by 1.2 % year-over-year to $ 1.42M.
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$2.8MJun 5, 2024 · The seasonally adjusted benchmark price of a home in Canada’s largest city dropped 0.4% in May to C$1.08 million ($789,800) from a month earlier, according to a report released Wednesday...
Sep 2, 2022 · Benchmark home prices in Toronto have fallen for five straight months—the largest decline in five years—by a total of 16% since March. In August alone, the benchmark price for a Toronto home...
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...
Dec 5, 2023 · Greater Toronto Area home prices fell in November as higher borrowing costs crimped affordability, while the level of sales edged higher for the first time in six months, Toronto Regional...
Dec 5, 2023 · TORONTO, Dec 5 (Reuters) - Greater Toronto Area home prices fell in November as higher borrowing costs crimped affordability, while the level of sales edged higher for the first time in six...
