Toronto Realty Trends
According to recent data, the real estate trends in Toronto show that the average house price in Toronto is around $1,184,043, with 6,492 new listings in the last 28 days. Despite being in a deep buyer's market, home prices in the Greater Toronto Area (GTA) have continued to increase on a monthly and annual basis, with the average home sold price increasing by 3% year-over-year to $1,119,428 for September 2023. Over the past 25 years, the average price of homes in the GTA has risen close to 453%, from $198,150 in 1996 to $1,095,475 in 2021
It's important to note that these trends are subject to change and can vary depending on various factors such as location, property type, and market conditions. To stay updated on the latest real estate trends in Toronto, it's recommended to consult reputable sources such as the Toronto Regional Real Estate Board and other real estate market reports.