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- The average condominium apartment selling price in the GTA was $693,754 in Q1 2024 – down by one per cent compared to $700,704 in Q1 2023. In the City of Toronto, which accounted for almost two-thirds of total condo sales, the average selling price was $723,186 – down by 0.5 per cent compared to Q1 2023.
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The Toronto Regional Real Estate Board (TRREB) reports provide valuable data that helps understand recent sales and price trends in the Toronto condo market. The market has faced a significant downturn, with a 44% decline in condo sales in 2023 compared to the previous year.
Apr 10, 2024 · The resale condo market has continued to drag behind freehold homes with sales decreasing by 13% and inventory increasing to a 9-year high. It’s interesting to note that prices increased by 0.7% month-over-month and the months of inventory in March dropped to 3.2 from the 5.5 months of inventory it had in November 2023.
The average condominium apartment selling price in the GTA was $693,754 in Q1 2024 – down by one per cent compared to $700,704 in Q1 2023. In the City of Toronto, which accounted for almost two-thirds of total condo sales, the average selling price was $723,186 – down by 0.5 per cent compared to Q1 2023.
The average condo apartment selling price in Q2 2024 was $729,005 – down by 1.2 per cent compared $737,925 in Q2 2023. In the City of Toronto, the average selling price was $765,963 – down by 0.5 per cent compared to Q2 2023. “Despite a much better supplied condo market over the past year, selling prices
The average rent for a one-bedroom condominium apartment dipped by 1.2 per cent to $2,441 in the first quarter of 2024. Over the same period, the average two-bedroom rent remained unchanged at $3,139.
Dec 22, 2023 · But the average price for a Toronto condo located in the 416 tumbled nearly two per cent to $729,160. By comparison, detached home sales fell 1.5 per cent, and prices surged more than eight per cent to close to $1.719 million.
Sep 19, 2024 · Condo Prices. The average selling price of a condo in Toronto was $667,700 for the month of August 2024, that’s decreased by 1.7% compared to the previous month. On a year-over-year basis, the price of a condo in Toronto has decreased 5.3% over the last 12 months.
