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  1. 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. 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.

  3. 1 day ago · According to an April report from Sotheby’s International Realty Canada, residential real estate sales over C$4 million (US$2.92 million) in Toronto climbed 18% year-over-year in the first quarter.

  4. 5 days ago · The GTA remains one of Ontario's most dynamic and expensive real estate markets. 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.

  5. 2 days ago · Jun 27, 2024. A surge of property listings in Canadian housing markets is providing qualified buyers with a variety of options, forcing some sellers to get creative to secure deals, according to Global News. In Toronto, a glut of condos is prompting sellers to adopt unconventional strategies. Davelle Morrison, a Toronto real estate agent ...

  6. 3 days ago · She accepted a lower sale price than she was expecting, he says, but so far the sellers she has been negotiating with are unwilling to bend. “She was told she was going to get $1.4-million for ...

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  8. 5 days ago · Toronto's real estate market has been all over the place in recent months, with contradicting trends and forecasts leaving prospective buyers and sellers more confused than ever. Traditionally, May represents the peak of sales and prices in the Toronto-area real estate market.

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