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- The average GTA home price was $1,107,291 in September 2024 for a 3.1% increase from the previous month’s price of $1,074,425 in August 2024. On an annual basis, the GTA’s average home price is down 1.1%. The median home price, often considered a more transparent indicator of market trends, was $950,000 in September 2024.
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1 day ago · The Greater Toronto Area’s benchmark home price for September 2024 was $1,068,700, down 4.6% year-over-year. The average home sold price in the GTA decreased 1.1% year-over-year to $1,107,291 for September 2024. Detached home average price decreased by 1.2 % year-over-year to $ 1.42M.
As we transition into fall, the Greater Toronto Area (GTA) real estate market has shown notable changes. The data for September 2024 provides a comprehensive look at market activity compared to both the previous month (August 2024) and last year (September 2023).
Average Selling Price: In September 2024, the average selling price for homes across the GTA was approximately $1.107 million, down from $1.118 million in September 2023. Price Trends by Property Type: Detached homes saw a 1.1% decrease in prices, averaging $1.423 million.
September 2024 brought renewed optimism to the Greater Toronto Area (GTA) real estate market as home sales rose 8.5% compared to last year, reaching 4,996 transactions. Buyers are starting to benefit from the lower interest rates and improved affordability.
Oct 4, 2024 · In September 2024, home sales in the Greater Toronto Area (GTA) increased by 8.5% year-over-year, with 4,996 transactions reported compared to 4,606 in September 2023. New listings also rose by 10.5%, reaching 18,089.
5 days ago · The GTA remains one of Ontario's most dynamic and expensive real estate markets. The average home price in the GTA in September 2024 was $1,107,291, down 1.1% year-over-year and up 3.1% monthly. The City of Toronto’s average home price is $1,113,671, down 0.5% year-over-year but up 8.2% monthly.
GTA REALTORS® reported 4,996 home sales through TRREB’s MLS® System in September 2024 – up by 8.5 per cent compared to 4,606 sales reported in September 2023. New listings entered into the MLS® System amounted to 18,089 – up by an even greater 10.5 per cent year-over-year.
