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1 day 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.
Jan 3, 2024 · Real estate firm Royal LePage is forecasting a six per cent rise in the average home price in the Greater Toronto Area by the end of 2024, and a 4.5 per cent rise in Ottawa.
- 'There's A Lot of frustration'
- New Listings Down, Prices Climbed in April
- Experts Mixed on What Comes Next
But real estate agents have started to see the market turn in recent months. "Many buyers have come to terms with higher borrowing costs and are taking advantage of lower selling prices compared to this time last year," said TRREB president Paul Baron in a statement. "The issue moving forward will not be the demand for ownership housing, but rather...
April's supply level was much lower than the city has seen in the past. New listings for the month totalled 11,364, down 38.3 per cent from a year ago. The average price was also lower than it was a year ago, tumbling 7.8 per cent to $1,153,269. April's average price was roughly four per cent higher than the $1,108,499 the average buyer paid in Mar...
Jason Mercer, the chief market analyst at the TTREB, said he expects demand for home ownership will increase as 2023 goes on. Firstly, home buyers who were sidelined by Bank of Canada rate hikes are coming to terms with those increases and may be deciding to purchase a different type of home or look in a different area. Secondly, he said there's a ...
Up-to-date real estate trends & stats for Toronto. Research sales history, average house & condo prices, current listing inventory, and total active listings.
# BedsJun 03 - Jul 013 Mo Ago6 Mo Ago2 Bd$1.1M -8%$1.1M$964K3 Bd$1.4M -4%$1.4M$1.3M4 Bd$2.3M +1%$2.3M$2.0M5 Bd$3.5M +8%$2.7M$2.7MOct 5, 2023 · Toronto real estate has suddenly shifted to an official buyers’ market — will a price drop be next? For the first time in over a decade, prospective buyers are making conditional offers ...
6 days ago · Find the latest on housing markets across the country and real estate information. The Globe and Mail is Canada's top source for real estate news, market analysis and housing data.
Some Of Toronto’s Biggest Developers Are On Board With ‘Housing Now’. The planned ‘Housing Now’ projects are set to draw in the likes of KingSett Capital, Greenwin, Tridel, Kilmer-Tricon, Ellis Don, and Windmill — amongst more. Read the latest Toronto housing market news.
