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%.

Buyers were starting to take advantage of more affordable market conditions brought about by interest rate cuts and lower home prices.

In August, 464 units were sold, a 46% decrease compared to last year. Condo apartments accounted for 235 of these sales, down 61% from August last year and 81% below the ten-year average. There were 229 new single-family homes sold, a 14% decrease from August last year and 56% below the ten-year average.

🚀 *Exclusive On-Site Preview* - The Glenwood Collection at The Towns on Bayview ✨

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Get Ready for a Spectacular Summer Fiesta with your Family & Friends! Join us for a day full of fun, laughter, and unforgettable memories at our Summer Fiesta 2024! Date: Aug 17th Time: 1pm - 5pm Location: North West Corner of 16th Ave & Kennedy Rd.

With the building nearing completion, we will be among the first to tour the entire building and the newly released exquisite suites! As one of the most prestigious locations, this is a prime opportunity for investment/rental prospects. *Attendees will have a greater chance of securing potential assignment or rental listings!*

Join us on August 1st to discover the epitome of luxury living at our stunning 16,000 sf bespoke home in Nobleton. This is your chance to explore a masterpiece designed for ultimate comfort and style!