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- The Toronto real estate market in 2024 was marked by a mix of challenges and recovery, with interest rate adjustments playing a central role in shaping buyer behavior.
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What's happening in the GTA housing market in September 2024?
1 day ago · 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. That’s 13% higher than last month’s 22,653 active listings in August 2024, and it is now at almost a 16-year high.
Oct 18, 2024 · The Toronto real estate market in 2024 was marked by a mix of challenges and recovery, with interest rate adjustments playing a central role in shaping buyer behavior. While affordability and supply issues persist, there is optimism that 2025 will bring more stability and opportunities, particularly with a renewed focus on pre-construction ...
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.
Oct 18, 2024 · Toronto’s real estate market continues to be a dynamic and evolving landscape, driven by various factors such as interest rates, rental demand, and ongoing development projects. For investors, understanding these trends is crucial to making informed decisions.
Mar 4, 2024 · 1:40 am. Exploring the Toronto real estate market can often feel like a rollercoaster ride, with sold prices fluctuating and trends constantly changing. In January 2024, the average home sold price in the Greater Toronto Area (GTA) saw a notable shift, decreasing by 1.2% year-over-year to $1,026,703.
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. Archive. 2023. 2022. 2021. 2020. 2019. 2018. 2017. 2016.
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 $974,015 across all property types. The Toronto housing market currently has two months of inventory.