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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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   What is the average selling price of a home in Toronto?

   • The average selling price of a home in Toronto decreased by 1.0% year-over-year to $1,128,100 in April 2024. The average selling price of a single-family home in Toronto increased by 0.2% year-over-year to $1,363,700 in April 2024.

   Toronto Housing Market | 2024 Home Prices - nesto.ca

   www.nesto.ca/home-buying/toronto-housing-market-outlook/

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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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   How did Toronto's real estate market perform in April?

   • The Toronto Regional Real Estate Board (TRREB) reported a 5% drop in sales year-over-year and a substantial 47.2% surge in new listings. In April, 7,114 homes were sold, and the average selling price increased slightly by 0.3% year-over-year, reaching $1,156,167.

   Toronto Housing Market | 2024 Home Prices - nesto.ca

   www.nesto.ca/home-buying/toronto-housing-market-outlook/

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   How has Toronto's housing market changed over the past month?

   • The median Toronto home price has risen 4.8% month-over-month to $948,000, bringing it 2.1% higher year-over-year. Brampton's housing market shows a more pronounced decline, with the average price dropping by 2.3% from the previous month and a substantial 9.8% year-over-year decrease to $1,002,608.

   Toronto Housing Market Report - WOWA

   wowa.ca/toronto-housing-market

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   What is the average home price in Toronto in 2024?

   • For May 2024, the City of Toronto’s benchmark home price was $1,098,000, down 2.8% year-over-year. The City of Toronto’s average home price was $1,193,202, up 3.6% on a month-to-month basis, while it was down just 0.3% year-over-year. The median Toronto home price has risen 4.8% month-over-month to $948,000, bringing it 2.1% higher year-over-year.

   Toronto Housing Market Report - WOWA

   wowa.ca/toronto-housing-market

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

   wowa.ca › toronto-housing-market

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   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.

   • Canadian Housing Market Report Jun. 18th, 2024 - WOWA

     Ontario's housing market slightly declined in May 2024, with...

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

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

3. thedeepdive.ca › torontos-real-estate-market-highToronto's Real Estate Market: High Supply, Record-Low Demand ...

   thedeepdive.ca › torontos-real-estate-market-high

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   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. Videos

   • 

     2:46

     cbc.ca

     Toronto's housing market: What you need to know about the latest real estate data

     May 20, 2023

   • 

     2:57

     youtube.com

     Business Report: Toronto real estate market awakens

     May 3, 2023

     14.2K Views

   • 

     toronto.ctvnews.ca

     Toronto condo prices drop year-over-year, but market expected to tighten in 2024: report

     Oct 26, 2023

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

   wowa.ca › ontario-housing-market

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   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.

6. wowa.ca › reports › canada-housing-marketCanadian Housing Market Report Jun. 18th, 2024 - WOWA

   wowa.ca › reports › canada-housing-market

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   Jun 18, 2024 · Ontario's housing market slightly declined in May 2024, with an average home price of $890,634, a 1.1% decrease from the previous month and a 3.7% drop from the previous year. The province recorded 17,871 sales in May 2024, down 16.3% year-over-year.

7. 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 · 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.

   • Occupation: Mortgage Content Expert

8. globalnews.ca › news › 10546356‘When rates go down, prices go up’: What’s in store for ...

   globalnews.ca › news › 10546356

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   Jun 5, 2024 · In the Greater Toronto Area, the average selling price of a home was down 2.5 per cent year-over-year to $1,165,691 last month. There were 2,701 sales in the City of Toronto, a 17.3 per cent...

9. trreb.ca › market-data › housing-market-chartsHousing Market Charts – TRREB

   trreb.ca › market-data › housing-market-charts

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   Jun 5, 2024 · Housing Market Charts. A series of charts summarizing key residential statistics for the GTA. Read the full report .