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What is the average home price in Toronto in 2024?
Housing Market Report for June 2024. Current Toronto MLS® stats indicate an average house price of $1,191,948 and 7,476 new listings in the last 28 days. As of today, Toronto housing data shows median days on market for a home is 19 days.
Feb 23, 2022 · Price and sales gains in Greater Toronto housing market are being fuelled by rapid population growth, land scarcity and low interest rates. Canadian real estate news published weekly. Top housing market & mortgage trends, condo sales numbers & more.
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.
Greater Toronto real estate seen staggering growth in single-detached sales and average price, little sign of slowing despite shortage of available listings. Year-to-date sales in York Region rise close to 110 per cent while Peel and Central Toronto almost double over 2020 levels, Nearly half of 60 TRREB districts reporting year-over-year ...
Greater Toronto Area REALTORS® reported 7,013 home sales through TRREB’s MLS® System in May 2024 – a 21.7 per cent decline compared to 8,960 sales reported in May 2023. New listings entered into the MLS® System amounted to 18,612 – up by 21.1 per cent year-over-year.
Who’s driving demand for Toronto real estate? The Toronto housing market has experienced shifts in buyer demand prompted by economic factors, lifestyle changes and immigration in the wake of COVID-19. Toronto’s condo market is currently a buyer’s market, whereas the rest of the market favours sellers.