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   What is the Toronto real estate market like in 2024?

   • Exploring the Toronto real estate market can often feel like a rollercoaster ride, with sold prices fluctuating and trends constantly changing. In January 2024, the average home sold price in the Greater Toronto Area (GTA) saw a notable shift, decreasing by 1.2% year-over-year to $1,026,703.

   Toronto Sold Prices Update: 2024 Market Insights & Trends

   www.canadianrealestatemagazine.ca/market-report/toronto-sold-prices/

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   What are the most expensive real estate markets in Ontario?

   • Here’s a closer look at some key areas: 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.

   Ontario Housing Market: May. 23rd, 2024 Update - WOWA

   wowa.ca/ontario-housing-market

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   How many days on market for a home in Toronto?

   • As of today, Toronto housing data shows median days on market for a home is 18 days. Average price not what you expected? Here's why. The proportions of home types sold has changed. This means that the mix of homes sold has shifted from a majority of higher-priced homes to a majority of lower-priced homes, or vice versa.

   Toronto Housing Market Report | June 2024 Real Estate Trends & Stats

   www.zolo.ca/toronto-real-estate/trends

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   What is the average price of a house in Toronto?

   • Current Toronto MLS® stats indicate an average house price of $1,215,776 and 7,097 new listings in the last 28 days. As of today, Toronto housing data shows median days on market for a home is 18 days. Average price not what you expected? Here's why. The proportions of home types sold has changed.

   Toronto Housing Market Report | June 2024 Real Estate Trends & Stats

   www.zolo.ca/toronto-real-estate/trends

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2. wowa.ca › toronto-housing-marketToronto Housing Market: Jun. 5th, 2024 Update - WOWA

   wowa.ca › toronto-housing-market

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   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.

   • Ontario Housing Market: Jun. 24th, 2024 Update - WOWA

     The average home price in Toronto in May 2024 is now the...

3. thedeepdive.ca › torontos-real-estate-market-highToronto's Real Estate Market: High Supply, Record-Low Demand ...

   thedeepdive.ca › torontos-real-estate-market-high

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   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.

4. Videos

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     2:46

     cbc.ca

     Toronto's housing market: What you need to know about the latest real estate data

     May 20, 2023

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     2:57

     youtube.com

     Business Report: Toronto real estate market awakens

     May 3, 2023

     14.2K Views

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     toronto.ctvnews.ca

     Toronto condo prices drop year-over-year, but market expected to tighten in 2024: report

     Oct 26, 2023

   View all

5. wowa.ca › ontario-housing-marketOntario Housing Market: Jun. 24th, 2024 Update - WOWA

   wowa.ca › ontario-housing-market

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   5 days ago · 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.

6. www.thestar.com › real-estate › nothing-is-moving‘Nothing is moving’: GTA new home sales plummet in May

   www.thestar.com › real-estate › nothing-is-moving

   3 days ago · For now, their report shows new home inventory still rising, with an increase of 20,427 new homes on the market in May — 16,845 condos and 3,582 single-family homes. At the recent pace of sales ...

7. www.theglobeandmail.com › real-estate › torontoSellers seize on rate drop to enter housing market - The ...

   www.theglobeandmail.com › real-estate › toronto

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   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 ...

8. www.blogto.com › real-estate-toronto › 2024Experts warn shockingly low home sales in Toronto will lead ...

   www.blogto.com › real-estate-toronto › 2024

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   3 days ago · Builders are unable to build at these elevated retail market prices. Tells you a lot about the state of housing in Canada. — Keeping it real (@Patrick30042459) April 24, 2024

9. toronto.citynews.ca › 2024/06/25 › inside-torontosInside Toronto's slumping condo market - CityNews Toronto

   toronto.citynews.ca › 2024/06/25 › inside-torontos

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   4 days ago · There’s a record number of Toronto condominiums on the market right now, and despite record immigration, and an ever-worsening housing crisis, nobody seems to want to buy them. Diana Zlomislic is a housing reporter for The Toronto Star. “I think what happens with the central bank, whether they continually reduce the lending rate over the ...