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1. wowa.ca › toronto-housing-marketToronto Housing Market: Jul. 4th, 2024 Update - WOWA

   wowa.ca › toronto-housing-market

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   1 day ago · The City of Toronto’s average home price was $1,193,202, up 3.6% on a month-to-month basis, while it was down just 0.3% year-over-year. The median Toronto home price has risen 4.8% month-over-month to $948,000, bringing it 2.1% higher year-over-year.

2. trreb.ca › market-data › mls-home-price-indexMLS® Home Price Index – TRREB

   trreb.ca › market-data › mls-home-price-index

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   4 days ago · The Toronto Regional Real Estate Board (TRREB), Canadian Real Estate Association (CREA), and other major real estate boards across Canada developed the most advanced and accurate tool to gauge a neighbourhood’s home price levels and trends: the MLS® Home Price Index (MLS® HPI).

3. precondo.ca › toronto-real-estate-pricesToronto Real Estate Prices Housing Report (1967 to 2024)

   precondo.ca › toronto-real-estate-prices

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   3 days ago · Over 7 months is a Buyer’s market – Prices stagnate or decrease. It’s simple to understand, and it’s the perfect metric to look at versus historical prices to understand how supply and demand affect the market in real-time. Below is a graph showing the detached average house price in Toronto + months of inventory.

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4. trreb.ca › market-data › housing-market-chartsHousing Market Charts – TRREB

   trreb.ca › market-data › housing-market-charts

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   4 days ago · Housing Market Charts. A series of charts summarizing key residential statistics for the GTA. Read the full report .

5. trreb.ca › market-data › quick-market-overviewQuick Market Overview Charts – TRREB

   trreb.ca › market-data › quick-market-overview

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   4 days ago · Property Advantage Campaign ⟶ Resources. Buying & Selling Intelligence; Search Properties; Commercial Listings

6. www.thestar.com › real-estate › home-pricesHow downtown Toronto changed by neighbourhood - The Toronto Star

   www.thestar.com › real-estate › home-prices

   3 days ago · Here’s how downtown Toronto’s housing market performed by neighbourhood in June 2024, according to the Toronto Regional Real Estate Board: Core East home prices averaged $790,498, down 3.1 per...

7. People also ask

   What is the average home price in Toronto in 2024?

   • For May 2024, the City of Toronto’s benchmark home price was $1,098,000, down 2.8% year-over-year. The City of Toronto’s average home price was $1,193,202, up 3.6% on a month-to-month basis, while it was down just 0.3% year-over-year. The median Toronto home price has risen 4.8% month-over-month to $948,000, bringing it 2.1% higher year-over-year.

   Toronto Housing Market Report - WOWA

   wowa.ca/toronto-housing-market

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   How has Toronto's housing market changed over the past month?

   • The median Toronto home price has risen 4.8% month-over-month to $948,000, bringing it 2.1% higher year-over-year. Brampton's housing market shows a more pronounced decline, with the average price dropping by 2.3% from the previous month and a substantial 9.8% year-over-year decrease to $1,002,608.

   Toronto Housing Market Report - WOWA

   wowa.ca/toronto-housing-market

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   Does Toronto have a higher home price than the Greater Toronto Area?

   • The City of Toronto is seeing a larger increase in its average home price than the Greater Toronto Area as a whole, even as benchmark price growth remained lower year-over-year. For May 2024, the City of Toronto’s benchmark home price was $1,098,000, down 2.8% year-over-year.

   Toronto Housing Market Report - WOWA

   wowa.ca/toronto-housing-market

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   Why are Toronto home prices falling so fast?

   • Clearly – right at the time of the Fair Housing Plan, and shortly after the Stress Test, we see the detached home price in the Greater Toronto area market swing very quickly from 1 month of inventory to 3-4 months of inventory. The detached buyer pool halved, literally overnight, causing that sharp decline in prices.

   Toronto Real Estate Prices Housing Report (1967 to 2024) - Precondo

   precondo.ca/toronto-real-estate-prices/

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8. www.bloomberg.com › news › articlesToronto Home Sales See First Gain Since January After Rate ...

   www.bloomberg.com › news › articles

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   4 days ago · 1:42. Toronto home sales rose for the first time in five months after the Bank of Canada eased borrowing costs from a multidecade high. The number of homes changing hands in Canada’s largest ...