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Resale Home Market in the City of Toronto (September 2024)
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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