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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.
Jun 21, 2024 · New condos in Toronto have the potential to appreciate significantly over time as long as Toronto’s population growth, robust economy and scarcity of available housing continue. Investors can boost their investment value and capitalize on market growth by entering the market early.
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.
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...
Jun 19, 2024 · Condo Prices. The average selling price of a condo in Toronto was $685,300 for the month of May 2024, that’s decreased by 0.2% compared to the previous month. On a year-over-year basis, the price of a condo in Toronto has decreased 3.2% over the last 12 months.
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Jun 4, 2024 · The Toronto area saw a 30% increase in new listings of condominiums in May but only an 18% increase in owner-occupied condos and a 56% increase in the number of vacant condominiums listed for sale. Investors typically list their condominiums for sale when they are vacant.