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1. • • An SNLR below 40% indicates a market that favours buyers. The Greater Toronto Area (GTA) housing market saw inventory soaring to a decade high in May 2024, with 21,760 active home listings by month’s end. That comes amid a surge in new listings, while sales and home price growth are held back.
     Reference:

     Toronto Housing Market: Jun. 5th, 2024 Update - WOWA

2. People also ask

   How many days on market for a home in Toronto?

   • As of today, Toronto housing data shows median days on market for a home is 18 days. Average price not what you expected? Here's why. The proportions of home types sold has changed. This means that the mix of homes sold has shifted from a majority of higher-priced homes to a majority of lower-priced homes, or vice versa.

   Toronto Housing Market Report | June 2024 Real Estate Trends & Stats

   www.zolo.ca/toronto-real-estate/trends

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   What are the most expensive real estate markets in Ontario?

   • Here’s a closer look at some key areas: The GTA remains one of Ontario's most dynamic and expensive real estate markets. The average home price in Toronto in May 2024 is now the highest it has been since June 2023, with the GTA’s average home price at $1,165,691 and the City of Toronto’s average home price at $1,193,202.

   Ontario Housing Market: May. 23rd, 2024 Update - WOWA

   wowa.ca/ontario-housing-market

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   How has Toronto housing market changed since 1996?

   • Residential unit sales in the Greater Toronto housing market have doubled and average price has increased more than 450 per cent since 1996, as strong demand and limited supply continue to drive rapid price escalation throughout the 416 and 905 area codes, according to a new report released by RE/MAX Canada.

   Greater Toronto Housing Market: 25-Year Comparison - RE/MAX Canada

   blog.remax.ca/greater-toronto-housing-market-report/

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   Does Toronto have a higher home price than the Greater Toronto Area?

   • The City of Toronto is seeing a larger increase in its average home price than the Greater Toronto Area as a whole, even as benchmark price growth remained lower year-over-year. For May 2024, the City of Toronto’s benchmark home price was $1,098,000, down 2.8% year-over-year.

   Toronto Housing Market Report - WOWA

   wowa.ca/toronto-housing-market

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3. wowa.ca › toronto-housing-marketToronto Housing Market: Jun. 5th, 2024 Update - WOWA

   wowa.ca › toronto-housing-market

   • Cached

   2 days ago · The Greater Toronto Area (GTA) housing market saw inventory soaring to a decade high in May 2024, with 21,760 active home listings by month’s end. That comes amid a surge in new listings, while sales and home price growth are held back.

   • Ontario Housing Market: Jun. 24th, 2024 Update - WOWA

     The average home price in Toronto in May 2024 is now the...

4. www.zolo.ca › toronto-real-estate › trendsToronto Housing Market Report | June 2024 Real Estate Trends ...

   www.zolo.ca › toronto-real-estate › trends

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   Housing Market Report for June 2024. Current Toronto MLS® stats indicate an average house price of $1,191,948 and 7,476 new listings in the last 28 days. As of today, Toronto housing data shows median days on market for a home is 19 days.

   # Beds	May 26 - Jun 23	3 Mo Ago	6 Mo Ago
   2 Bd	$1.1M -8%	$1.2M	$969K
   3 Bd	$1.4M -4%	$1.5M	$1.4M
   4 Bd	$2.3M -2%	$2.2M	$2.0M
   5 Bd	$3.4M +7%	$2.7M	$2.5M

   See full list on zolo.ca

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6. wowa.ca › ontario-housing-marketOntario Housing Market: Jun. 24th, 2024 Update - WOWA

   wowa.ca › ontario-housing-market

   • Cached

   5 days ago · The average home price in Toronto in May 2024 is now the highest it has been since June 2023, with the GTA’s average home price at $1,165,691 and the City of Toronto’s average home price at $1,193,202.

7. www.cbc.ca › news › canadaWhere Ontario's housing market is headed in 2024 | CBC News

   www.cbc.ca › news › canada

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   Jan 3, 2024 · Real estate firm Royal LePage is forecasting a six per cent rise in the average home price in the Greater Toronto Area by the end of 2024, and a 4.5 per cent rise in Ottawa.

8. blog.remax.ca › toronto-housing-market-outlookGreater Toronto Housing Market Outlook (2024) - RE/MAX

   blog.remax.ca › toronto-housing-market-outlook

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   Toronto housing market could see prices rise 10% this year. Limited housing supply and strong demand will likely keep the Toronto housing market in strong seller’s territory through 2022.

9. blog.remax.ca › greater-toronto-housing-market-reportGreater Toronto Housing Market: 25-Year Comparison

   blog.remax.ca › greater-toronto-housing-market-report

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   Feb 23, 2022 · Price and sales gains in Greater Toronto housing market are being fuelled by rapid population growth, land scarcity and low interest rates. Canadian real estate news published weekly. Top housing market & mortgage trends, condo sales numbers & more.

10. www.nesto.ca › home-buying › toronto-housing-marketToronto Housing Market | 2024 Home Prices - nesto.ca

    www.nesto.ca › home-buying › toronto-housing-market

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    Jun 19, 2024 · Toronto Market Report Summary. The average selling price of a home in Toronto decreased by 3.5% year-over-year to $1,117,400 in May 2024. The average selling price of a single-family home in Toronto decreased by 2.4% year-over-year to $1,352,900 in May 2024.