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- The average condominium apartment selling price in the GTA was $693,754 in Q1 2024 – down by one per cent compared to $700,704 in Q1 2023. In the City of Toronto, which accounted for almost two-thirds of total condo sales, the average selling price was $723,186 – down by 0.5 per cent compared to Q1 2023.
trreb.ca/wp-content/files/market-stats/condo-reports/condo_report_Q1-2024.pdf
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How much does a condo cost in Toronto in June 2024?
How much does a condo cost in Toronto compared to Q1 2023?
How much does a condo cost in Toronto?
What happened to condo sales in Toronto in 2023?
The Toronto Regional Real Estate Board (TRREB) reports provide valuable data that helps understand recent sales and price trends in the Toronto condo market. The market has faced a significant downturn, with a 44% decline in condo sales in 2023 compared to the previous year.
Apr 10, 2024 · The resale condo market has continued to drag behind freehold homes with sales decreasing by 13% and inventory increasing to a 9-year high. It’s interesting to note that prices increased by 0.7% month-over-month and the months of inventory in March dropped to 3.2 from the 5.5 months of inventory it had in November 2023.
The average condominium apartment selling price in the GTA was $693,754 in Q1 2024 – down by one per cent compared to $700,704 in Q1 2023. In the City of Toronto, which accounted for almost two-thirds of total condo sales, the average selling price was $723,186 – down by 0.5 per cent compared to Q1 2023.
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Data from the Toronto Regional Real Estate Board (TRREB) indicates that the average price of resale residential homes sold across Toronto in July 2024 was $1,082,200, and itdecreased of 4.6%compared to a year ago. TREBB also reported a sales-to-new-listings ratio (SNLR) of 40%, indicating a buyers market in Toronto for July 2024. According to the T...
The average rent in Toronto was $2,697 for the month of July 2024, which decreased by 7.0% on a year-over-year basis. The average rent for a bachelor apartment in Toronto was $1,978 for the month of July 2024, which decreased by 6.0% on a year-over-year basis. The average rent for a 1-bedroom apartment in Toronto was $2,445 for the month of July 20...
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Dec 22, 2023 · But the average price for a Toronto condo located in the 416 tumbled nearly two per cent to $729,160. By comparison, detached home sales fell 1.5 per cent, and prices surged more than eight per cent to close to $1.719 million.
The average condo apartment selling price in Q2 2024 was $729,005 – down by 1.2 per cent compared $737,925 in Q2 2023. In the City of Toronto, the average selling price was $765,963 – down by 0.5 per cent compared to Q2 2023. “Despite a much better supplied condo market over the past year, selling prices
Jan 15, 2024 · As 2024 progresses, the average home in the GTA will rise in price to hit $1,190,698 by year's end, per Royal LePage's estimate — a surge of six per cent from the end of 2023, driven by...
