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Resale Home Market in the City of Toronto (September 2024)
2024-10-06
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Resale Home Market in the City of Toronto (September 2024)
In September, the average selling price for detached in Toronto was $1.69 million, marking a year-on-year decrease of 2.2%, and there was also a 0.4% decrease compared to the previous month. Condo town and condo apart had average selling prices of $830k and $710k, respectively, with year-over-year declines of around 2-3%.
Sales of both detached and semi-detached houses saw a increase of approximately 30% compared to August of this year. Sales ratios for various property types all hovered above 20%, with Semi-Detached reaching 34%.
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