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- Housing prices in the GTA are expected to rise 10 per cent this year and will likely surpass those in Greater Vancouver by the end of 2024, according to an updated forecast by Royal LePage. In its latest survey, the brokerage said it was upgrading its national year-end home price forecast after a “stronger-than-expected first quarter.”
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Will GTA home prices rise 10 per cent this year?
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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.
Apr 12, 2024 · Housing prices in the GTA are expected to rise 10 per cent this year and will likely surpass those in Greater Vancouver by the end of 2024, according to an updated forecast by Royal LePage.
Apr 12, 2024 · In the first quarter of 2024, GTA aggregate home prices rose 5.2 per cent, to $1,177,700. They are forecast to rise to $1,235,630 by the end of 2024.
Jan 3, 2024 · Real estate firm Royal LePage is forecasting a six per cent rise in the average home price in the Greater Toronto Area by the end of 2024, and a 4.5 per cent rise in Ottawa.
Jan 15, 2024 · As 2024 progresses, the average home in the GTA will rise in price to hit $1,190,698 by year's end, per Royal LePage's estimate — a surge of six per cent from the end of 2023, driven by...
- Becky Robertson
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.
Feb 23, 2022 · Between 1996 and 2021, more than two million homes sold in the GTA, representing a dollar volume in excess of $1.1 trillion. Average price has soared over the 25-year period, rising close to 453 per cent, from $198,150 in 1996 to $1,095,475 in 2021, at a compound annual growth rate of 7.08 per cent. Statistics Canada reports the Toronto CMA ...