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  2. 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.

  3. 2 days ago · Greater Toronto’s real estate market continues to struggle, with recent data from Altus Group and BILD GTA indicating further declines in new home prices and record-low sales figures for May. The benchmark price for single-family homes fell to $1.61 million, a 7% drop from the previous year, while condominium prices decreased by 5% to $1.04 million.

  4. 5 days ago · 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.

  5. Jun 20, 2024 · By understanding previous real estate market patterns, this gives an insightful view of what will happen with the Toronto housing market in 2022 and beyond. Historical Toronto Housing Graph Index: 1. Housing Bubble Example Graph. 2. Historical Detached & Condo Median Price in Toronto. 3. Supply: New Homes Sold per year. 4.

    • what is the real estate market like in toronto 20221
    • what is the real estate market like in toronto 20222
    • what is the real estate market like in toronto 20223
    • what is the real estate market like in toronto 20224
    • what is the real estate market like in toronto 20225
  6. Jun 5, 2024 · Housing Market Charts. A series of charts summarizing key residential statistics for the GTA. Read the full report .

  7. 4 days ago · There’s a record number of Toronto condominiums on the market right now, and despite record immigration, and an ever-worsening housing crisis, nobody seems to want to buy them. Diana Zlomislic is a housing reporter for The Toronto Star. “I think what happens with the central bank, whether they continually reduce the lending rate over the ...

  8. Jun 19, 2024 · The average selling price of a home in Toronto was $1,117,400 for the month of May 2024, that’s decreased by 0.5% compared to the previous month. On a year-over-year basis, Toronto home prices have decreased 3.5% over the last 12 months.

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