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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.
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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.
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 ...
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$2.5M- 'There's A Lot of frustration'
- New Listings Down, Prices Climbed in April
- Experts Mixed on What Comes Next
But real estate agents have started to see the market turn in recent months. "Many buyers have come to terms with higher borrowing costs and are taking advantage of lower selling prices compared to this time last year," said TRREB president Paul Baron in a statement. "The issue moving forward will not be the demand for ownership housing, but rather...
April's supply level was much lower than the city has seen in the past. New listings for the month totalled 11,364, down 38.3 per cent from a year ago. The average price was also lower than it was a year ago, tumbling 7.8 per cent to $1,153,269. April's average price was roughly four per cent higher than the $1,108,499 the average buyer paid in Mar...
Jason Mercer, the chief market analyst at the TTREB, said he expects demand for home ownership will increase as 2023 goes on. Firstly, home buyers who were sidelined by Bank of Canada rate hikes are coming to terms with those increases and may be deciding to purchase a different type of home or look in a different area. Secondly, he said there's a ...
6 days ago · Toronto builds the ‘missing middle’ in a parking lot. The Globe and Mail is Canada's top source for real estate news, market analysis and housing data. Find the latest on housing markets...
Apr 5, 2023 · Detached homes had an average price of $1,468,651, down 13.5 per cent from a year ago, while semi-detached properties dropped more than 17 per cent to $1,087,924. Townhouses cost an average of...
Jun 5, 2024 · The long-delayed spring real estate market in Toronto saw sparks of life in late May as some buyers attempted to get in ahead of a potential summer revival.
