Yahoo Canada Web Search

Search results

1. 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.

2. www.thestar.com › real-estate › the-condo-marketWhy Toronto has a record number of condos for sale

   www.thestar.com › real-estate › the-condo-market

   Jun 14, 2024 · In the thick of a housing crisis, there is suddenly a record number of homes for sale in Toronto that nobody wants. Near Jarvis and Dundas streets, realtor Jamie Page warned his clients two...

   • Author: Diana Zlomislic

   • Email: dzlomislic@thestar.ca

3. Videos

   • 

     1:00

     youtube.com

     Toronto Real Estate Market Update - What changes did we see going from February to March 2023?

     Apr 15, 2023

     4K Views

   • 

     1:53

     youtube.com

     Toronto "condo comeback" is here to stay, real estate analysts say

     Aug 5, 2021

     11.6K Views

   • 

     12:26

     youtube.com

     10 Best Condos In Toronto (Updated)

     Jun 15, 2023

     10.3K Views

   View all

4. opencanuck.com › 2024/06/20 › why-are-so-many-bigWhy are so many big-city condos sitting empty? | About That

   opencanuck.com › 2024/06/20 › why-are-so-many-big

   • Cached

   Jun 20, 2024 · In the midst of a housing supply crisis, thousands of condos in Canada’s largest cities are sitting empty. Most, experts say, are less than 500 square feet. Andrew Chang explains why there’s been an explosion of these so-called ‘shoebox’ condos, and why they’re suddenly struggling to sell. »»» Subscribe to CBC News to watch more videos:

5. remaxcondosplus.com › Blog › 2024/06/11Toronto Condo Market Report-June 2024 - Remax Condos Plus-Toronto

   remaxcondosplus.com › Blog › 2024/06/11

   • Cached

   Jun 11, 2024 · The sector most affected is the condo market, with a 24% decrease in sales and a 34% increase in supply, continuing to outpace sales. Despite the increased supply, there has been minimal impact on values.

6. www.condoshq.com › blog › markets2024 Buyer’s Guide: Is It Worth it to Buy Pre-Construction ...

   www.condoshq.com › blog › markets

   • Cached

   Jun 21, 2024 · In the first quarter of 2024, there was a rise in the sales of condominium apartments in the Greater Toronto Area (GTA) as compared to the first three months of 2023. This blog will help you decide if purchasing pre-construction condos in Toronto is a good option.

7. condos.ca › blog › postsYour definitive guide to the Toronto & GTA housing market

   condos.ca › blog › posts

   • Cached

   Jun 12, 2024 · By the numbers: Sales down, listings up: May saw 7,013 home sales, a 21.7% decrease from May 2023. New listings rose by 21.1%, reaching 18,612 compared to last year. Prices slightly lower: The average home price dipped by 2.5% year-over-year to $1,165,691.

8. People also ask

   How much does a condo apartment cost in Toronto?

   • Condo apartment average price decreased by 2.4 % year-over-year to $ 731k. 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.

   Toronto Housing Market Report - WOWA

   wowa.ca/toronto-housing-market

   See all results for this question

   What's wrong with the Toronto condo market?

   • ‘Something is wrong with the market when we have housing nobody wants and homelessness at the same time,’ says Coun. Gord Perks, Toronto’s planning and housing chair. The condo market in Toronto has more units up for sale than ever before, and the majority of them are small and investor-owned.

   Why Toronto has a record number of condos for sale - The Toronto Star

   www.thestar.com/real-estate/the-condo-market-right-now-is-a-ghost-town-toronto-has-a-record-number-of/article_60f20a98-24e0-11ef-8d75-376ea6f76eaf.html

   See all results for this question

   Why are a lot of condos being sold in 2023?

   • High borrowing costs. Peak interest rates and high property prices are keeping renters from becoming homeowners. By continuing to rent, they’re adding pressure to the market. Developers are sitting on a pile of unsold inventory. Unsold new condo inventory increased 41% year-over-year, growing to over 22,000 units at the end of 2023.

   Your definitive guide to the Toronto & GTA housing market - Condos.ca

   condos.ca/blog/posts/your-definitive-guide-to-the-toronto-housing-market

   See all results for this question

   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

   See all results for this question

   How many condos are there in Toronto?

   • Across the Greater Toronto Area, there are some 24,000 units including condos and detached homes up for sale — a 14-year high, according to an analysis by Hanif Bayat at Wowa.ca. Active listings for condo units in Toronto are at or near record highs right now, notes John Pasalis, president of Realosophy Realty.

   ‘It’s crickets’: How sellers are getting creative in a slow housing market

   globalnews.ca/news/10577539/slow-housing-market-toronto-condos/

   See all results for this question

   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

   See all results for this question

9. www.cbc.ca › player › playWhy are so many big-city condos sitting empty? | About That ...

   www.cbc.ca › player › play

   • Cached

   Jun 20, 2024 · In the midst of a housing supply crisis, thousands of condos in Canada's largest cities are sitting empty. Most, experts say, are less than 500 square feet.

   • Video Duration: 12 min