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1. • $1,106,617

     • The ample supply of homes has resulted in a slight decrease in the average selling price, which was $1,106,617 in July 2024, down by 0.9 percent from July 2023's average of $1,116,950.
     Reference:

     July 2024 GTA Real Estate Market Update: How Supply, Demand ...

2. People also ask

   How much does a house cost in GTA 2024?

   • 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. Semi-detached home average price decreased by 0.3 % year-over-year to $ 1.09M. Freehold townhouse average price decreased by 5.8 % year-over-year to $ 983k.

   Toronto Housing Market: Oct. 3rd, 2024 Update - WOWA

   wowa.ca/toronto-housing-market

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   What's happening in the GTA housing market in September 2024?

   • September 2024 saw a surge of new home listings in the Greater Toronto Area (GTA) housing market that has pushed inventory levels to the highest it's been since November 2008. According to the Toronto Regional Real Estate Board (TRREB), 25,612 homes were listed for sale at the end of September 2024, a 35% increase from the same month last year.

   Toronto Housing Market: Oct. 3rd, 2024 Update - WOWA

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   How has GTA property price changed in September 2024?

   • Among property types in the GTA for September 2024: The average price of detached homes has increased by 0.6% from the previous month and decreased 1.2% from last year to $1,423,056. The average price of semi-detached homes increased 6.3% month over month and decreased 0.3% year over year to $1,090,749.

   Toronto Housing Market: Oct. 3rd, 2024 Update - WOWA

   wowa.ca/toronto-housing-market

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   What happened to Toronto home prices in September 2024?

   • Looking at Toronto home prices, in September 2024, the GTA's benchmark home price decreased 1.2% month-over-month to $1,068,700, a 4.6% decrease year-over-year. That’s the lowest benchmark price since January 2024.

   Toronto Housing Market: Oct. 3rd, 2024 Update - WOWA

   wowa.ca/toronto-housing-market

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   How did sales increase in the GTA in September 2024?

   • The Greater Toronto Area (GTA) had 4,996 sales overall in September 2024, experiencing an increase in sales compared to both last month and last year. Some cities in the GTA are also seeing an increase in sales compared to last month: The City of Toronto’s 1,808 sales saw a 5.2% month-over-month increase and a 3.7% year-over-year increase.

   Toronto Housing Market: Oct. 3rd, 2024 Update - WOWA

   wowa.ca/toronto-housing-market

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   How much did Toronto resale homes cost in August 2024?

   • Data from the Toronto Regional Real Estate Board (TRREB) indicates that the average price of resale residential homes sold across Toronto in August 2024 was $1,082,200, and it decreased of 4.6% compared to a year ago. TREBB also reported a sales-to-new-listings ratio (SNLR) of 40%, indicating a buyers market in Toronto for August 2024.

   Toronto Housing Market | 2024 Home Prices - nesto.ca

   www.nesto.ca/home-buying/toronto-housing-market-outlook/

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3. gordcollins.com › real-estate › toronto-market-forecastToronto Housing Market Stats and Forecast 2024 | Home Prices ...

   gordcollins.com › real-estate › toronto-market-forecast

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   GTA City by city home prices (data courtesy of TRREB) As the single detached home price chart for the GTA region below reveals, price rises for single detached homes have been steepest in Burlington, Halton Hills, Toronto West, and King.

4. wowa.ca › toronto-housing-marketToronto Housing Market: Oct. 3rd, 2024 Update - WOWA

   wowa.ca › toronto-housing-market

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   Market Report Summary for September 2024. Updated October 3rd, 2024. 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.

5. www.talgroup.ca › post › july-2024-gta-real-estateJuly 2024 GTA Real Estate Market Update: How Supply, Demand ...

   www.talgroup.ca › post › july-2024-gta-real-estate

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   Aug 6, 2024 · Explore the latest trends in the GTA Real Estate Market for July 2024. Learn how supply, demand, and recent interest rate cuts are affecting home sales and prices. Find out what these changes mean for buyers and the market's future.

6. www.nesto.ca › home-buying › toronto-housing-marketToronto Housing Market | 2024 Home Prices - nesto.ca

   www.nesto.ca › home-buying › toronto-housing-market

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   Oct 17, 2024 · The average selling price of a home in Toronto was $1,068,700 for the month of September 2024, that’s decreased by 1.2% compared to the previous month. On a year-over-year basis, Toronto home prices have decreased 4.6% over the last 12 months.

   • Occupation: Mortgage Content Expert

7. www.localtoronto.com › gta-housing-market-reportGTA Housing Market Report: July 2024 - LocalToronto

   www.localtoronto.com › gta-housing-market-report

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   Aug 14, 2024 · The Greater Toronto Area (GTA) housing market experienced a moderate increase in buyer activity in July 2024, with a 3.3% rise in home sales compared to July 2023.

8. www.jenlaschinger.com › toronto-real-estateJuly 2024: GTA Home Sales Rise with More Listings, Lower ...

   www.jenlaschinger.com › toronto-real-estate

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   Aug 12, 2024 · The average selling price of $1,106,617 was down by 0.9 per cent over the July 2023 result of $1,116,950. On a seasonally adjusted monthly basis, both the MLS® HPI Composite and the average selling price were up slightly compared to June 2024.

9. juliekinnear.com › blogs › july-toronto-estateJuly 2024 Toronto Real Estate Market Report

   juliekinnear.com › blogs › july-toronto-estate

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   Aug 7, 2024 · GTA REALTORS® reported 5,391 home sales through TRREB’s MLS® System in July 2024 – a 3.3 per cent increase compared to 5,220 sales reported in July 2023. New listings entered into the MLS® System amounted to 16,296 – up by 18.5 per cent year-over-year. On a seasonally adjusted basis, July sales and new listings edged lower compared to June.