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2 days ago · 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.
The MLS® Home Price Index Composite benchmark was down by 4.6 per cent year-over-year in September 2024. 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:
Oct 13, 2024 · With the exception of townhouses, which declined by 0.9%, semi-detached home prices rose by an impressive 6.3%, condos by 1.2%, and detached home prices by 0.6%. So on a year-over-over basis, prices for all properties were down in September 2024, but on a shorter monthly time-frame, most of them trended up.
The MLS® Home Price Index Composite benchmark was down by 4.6 per cent year-over-year in September 2024. The average selling price, at $1,107,291 was down by a lesser one per cent compared to the September 2023 average of $1,118,215. On a seasonally adjusted basis, the average selling price edged up slightly compared to August.
Here is a chart comparing the average home prices in the GTA for September 2023 and September 2024. You can see that the average price slightly decreased from $1,118,215 in 2023 to $1,107,291 in 2024Here is a chart comparing the average home prices in the GTA for September 2023 and September 2024.
The average selling price across the GTA was $1,107,291, a 1% decrease from $1,118,215 in September 2023. While prices edged lower year-over-year, they were relatively stable month-to-month, showing resilience despite the increase in inventory. Here’s a closer look at the breakdown by housing type:
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Oct 11, 2024 · The average selling price of a GTA house was $1,107,291 in September 2024, down 1% from the previous year. On a month-over-month basis, prices saw a slight increase of 3.1% from August 2024, but the overall year-over-year decline is pretty much evident.
