GTA’s December Stats: A Closer Look at 3,359 Sales and Price Trends
Toronto’s real estate market ended 2024 on a steady note, with 3,359 home sales recorded across the Greater Toronto Area (GTA) in December.
Toronto’s real estate market ended 2024 on a steady note, with 3,359 home sales recorded across the Greater Toronto Area (GTA) in December.
Toronto’s condo market is undergoing a significant shift, with prices for condo apartments experiencing their sharpest decline in years.
Toronto’s real estate market has undergone a noticeable shift in 2024, with a 16.4% year-over-year increase in new listings creating a more balanced dynamic between buyers and sellers.
In Toronto’s competitive real estate market, semi-detached homes are emerging as a preferred choice for many buyers in 2024.
Toronto’s real estate market continues to demonstrate resilience in the face of economic challenges, with home sales rising by 2.6% in December 2024 compared to the previous year.
The Bank of Canada’s recent interest rate cuts have sent ripples through Toronto’s real estate market, creating new opportunities for buyers and fueling a surge in activity.
Toronto’s condo market is experiencing a unique paradox in 2024. While condo prices have declined slightly, rental demand for these properties has surged to record levels.
In a year marked by fluctuating interest rates and changing buyer behavior, detached homes have remained a cornerstone of Toronto’s housing market.
Toronto’s real estate market in 2024 is undergoing a significant transformation, marked by a surge in new listings, evolving buyer preferences, and stabilizing prices.
As Toronto’s real estate market regains momentum, experts are looking ahead to Spring 2025, forecasting trends that could define the future of the market.
In 2024, first-time buyers are entering Toronto’s real estate market in greater numbers, encouraged by recent interest rate cuts, stabilizing home prices, and increased inventory.
The Bank of Canada’s recent interest rate cuts are reshaping Toronto’s housing market, providing relief for buyers and fueling a surge in activity.
Toronto’s real estate market is being reshaped by surging rental demand and significant population growth, two factors driving both housing prices and market activity in 2024.
In November 2024, Toronto’s average home price rose to $1.1 million, reflecting a 4.2% month-over-month increase and a 5.6% rise compared to November 2023.