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1 day ago · 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.
Jan 23, 2024 · Summarising the key findings of TRREB’s Housing Market Outlook 2023: 28% of respondents will consider buying a home in Toronto in 2023; up 2% from 2021. 46% of first-time home buyers have buying intentions for 2023; up 7% from 2021. 39% of owners will consider listing their home in 2023; up 4% from 2023.
Indeed, the Toronto housing market saw average price rise to $918,883 in 2020 (Jan. 1-Oct. 31) compared to $819,832 in 2019 (Jan. 1-Dec. 31). Growing demand, low supply and rising prices are expected to impact activity and prices in 2021. Thus, the RE/MAX outlook for Toronto real estate is a 6% increase in average price to approximately ...
TRREB Market Year in Review & Outlook Report. TRREB’s 2024 Market Outlook & Year in Review report provides the projected average price and sales for 2024, with new Ipsos polling results and a review of the GTA housing market in 2023. Plus, our interactive digital digest highlights the sought-after takeaways from the report.
Feb 3, 2023 · Economists at TD Economics anticipate that home sales in the Ontario real estate market will fall 15.5 per cent in 2023 and then surge 24.4 per cent in 2024. Home prices are projected to slump more than 11 per cent in 2023 and rebound by 1.7 per cent in 2024. “Ontario has also been at the centre of Canada’s housing market correction, with ...
The GTA real estate market witnessed a noticeable uptick in new listings in October, a positive trend compared to the 12-year low reported in October 2022. Although new listings, on a seasonally-adjusted basis, edged slightly lower month-over-month compared to September 2023, the increased availability of properties is indicative of a more balanced market dynamic.
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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. On a seasonally adjusted basis, September sales increased on a ...
