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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.
Oct 1, 2023 · The average price for a home in the GTA for 2023 is $1,134,781, according to Toronto Regional Real Estate Board data.
Current Toronto MLS® stats indicate an average house price of $1,055,571 and 5,676 new listings in the last 28 days. As of today, Toronto housing data shows median days on market for a home is 26 days.
# BedsOct 02 - Oct 303 Mo Ago6 Mo Ago2 Bd$1.2M +14%$1.0M$1.2M3 Bd$1.4M -2%$1.4M$1.5M4 Bd$2.1M +4%$2.0M$2.3M5 Bd$3.1M -9%$4.0M$2.7MOct 16, 2024 · Average Price Trends: As of September 2024, the average price of detached homes in Toronto has decreased by 1.2% year-over-year , bringing the average to approximately $1.42 million . This decline reflects ongoing market adjustments amid rising interest rates and economic uncertainties.
Semi-detached. The median sale price for semi-detached units was down 4% on a year-over-year basis to $980,000 in the third quarter of 2024. Condominium townhouse. The median sale price for condominium townhouse units was down 5.7% on a year-over-year basis to $745,000 in the third quarter of 2024. Condominium apartment.
Feb 23, 2022 · 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 reached 6,202,225 in 2021, an increase of 45 per cent over the 1996 Census figure of 4,263,759.
May 28, 2024 · Purchasing a property in Toronto is not for the faint of heart. The average home price in the city has hovered near or above the million-dollar mark for the last three years, most recently coming to $1,156,167 in April.
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