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- 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.
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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...
- Ontario Housing Market: Jun. 24th, 2024 Update - WOWA
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.
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.
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 ...
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.
- Mortgage Content Expert
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...
Jun 5, 2024 · The long-delayed spring real estate market in Toronto saw sparks of life in late May as some buyers attempted to get in ahead of a potential summer revival.