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- An SNLR below 40% indicates a market that favours buyers. 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.
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2 days ago · Toronto Housing Market Report. WOWA Trusted and Transparent. Market Report Summary for May 2024. Updated June 5th, 2024. The Greater Toronto Area’s benchmark home price for May 2024 was $1,117,400, down 3.5% year-over-year. The average home sold price in the GTA decreased 2.5% year-over-year to $1,165,691 for May 2024.
Jan 3, 2024 · Real estate firm Royal LePage is forecasting a six per cent rise in the average home price in the Greater Toronto Area by the end of 2024, and a 4.5 per cent rise in Ottawa.
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.
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.
# BedsMay 26 - Jun 233 Mo Ago6 Mo Ago2 Bd$1.1M -8%$1.2M$969K3 Bd$1.4M -4%$1.5M$1.4M4 Bd$2.3M -2%$2.2M$2.0M5 Bd$3.4M +7%$2.7M$2.5MMar 5, 2024 · Following a year of sluggish sales activity, Toronto's housing market is continuing to show signs of rebound as we head into spring, according to the Toronto Regional Real Estate Board's...
Compare Toronto’s property market outlook to the US housing market forecast. You can view the prices for each city and MLS district below. Also, keep an eye on Toronto condo prices as the pandemic passes.
Aug 24, 2023 · What Now? As the Canadian real estate market looks ahead to 2024, buyers, sellers, real estate agents, and policymakers will assess plenty of other aspects. The next calendar year will be a fascinating time to monitor from population levels to inventories to new housing construction.