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What is the Toronto real estate market like in 2024?
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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.
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 27 - Jun 243 Mo Ago6 Mo Ago2 Bd$1.1M -7%$1.2M$975K3 Bd$1.4M -3%$1.5M$1.4M4 Bd$2.3M -2%$2.2M$2.0M5 Bd$3.4M +5%$2.6M$2.6M5 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.
Ontario's housing market slightly declined in May 2024, with an average home price of $890,634, a 1.1% decrease from the previous month and a 3.7% drop from the previous year. The province recorded 17,871 sales in May 2024, down 16.3% 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.
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.
Mar 4, 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.
