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- 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.
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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 · But, due to how exorbitant our market is known to be, our prices jumped the second-most in dollar amount over the decade — $685,500, second to only Greater Vancouver, where prices soared...
- Becky Robertson
Mar 4, 2024 · January 2024 witnessed a nuanced shift in the housing market, with the average home sold price in the Greater Toronto Area falling to $1,026,703, marking a 1.2% decrease year-over-year. This change, but, comes with layers of complexity beneath the surface.
Feb 9, 2024 · The average selling price of a Toronto home is expected to rebound in 2024 to hit the second-highest level ever, launching a multi-year recovery in the market, according to an annual outlook released by the Toronto Regional Real Estate Board this week.
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.
Dec 14, 2023 · Report shows Toronto home prices rising 6 per cent by the end of 2024. Here’s why. Royal LePage’s 2024 housing outlook points to pent-up demand from sidelined buyers driving home prices up 7...
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.
