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1 day ago · 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.
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.
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.
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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.
Explore our 2024 Toronto real estate market outlook and in-depth trends analysis designed with real estate investors in mind!
5 days ago · The average Ontario home price for the month of September 2024 was $851,478, up 4.1% from last month’s price of $817,915 in August 2024. That’s the largest monthly increase in home prices out of all provinces this month.
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Ontario's housing market saw a sharp monthly increase in its average home in September 2024, with an average home price of $851,478, a 4.1% increase from the previous month and a 0.2% increase from the previous year. Ontario recorded 13,251 sales in September 2024, up 9.8% year-over-year. The average home sold price in the GTA was $1,107,291 in ...
