Toronto house prices chart Statista. Low interest, but outrageous house prices. Jan 4, 2025 · This is a long term monthly chart of average prices for detached, semi, townhouses in Toronto. In 2016, the average price increased 17. S. This map displays the latest statistics for major markets and provinces across Canada, compiled from reports provided by real estate Boards and Associations on Apr 10, 2021 · For more than a decade, home prices growing much faster than incomes was an issue largely limited to Vancouver and Toronto, two of the country’s priciest and most active real estate markets. Looking ahead, re/max brokers and agents expects the market to be slightly more active in 2024, with national average A history of rising prices. Housing costs have increased significantly in Toronto, with home prices increasing by 29 per cent to $1. The monthly rent for an apartment in Toronto, ON is $2,444. 2012-2024, by quarter Chart. 50 points in March. Aug 6, 2024 · we just got the first real picture of the toronto housing, ted carmichael global macro toronto house price boom how, one chart shows how unprecedented vancouvers real estate, history repeating itself torontos long record of housing busts, toronto home prices see biggest drop in almost 30 years, toronto real estate prices housing report 1967 to 2019, if you own toronto real estate this might be Aug 24, 2016 · Our home price data is continuously updated. Apr 16, 2024 · The history of real estate prices in Toronto is a fascinating tale of growth, fluctuations, and trends. 9% (-$79. Welcome to the City of Toronto’s Housing Data Hub. ca/house-prices-Q1-2024 Royal LePage Forecast Chart: rlp. Multi-factor analysis identifies Metro Toronto as a moderate-risk real estate market. 5 million will support sales and prices of homes in Vancouver. This is a change of -0. 2 per cent year over year to $1,177,700 in the first quarter of 2024. Economics and Strategy Teranet-National Bank House Price Index Economics and Strategy Montreal Office Toronto Office 514-879-2529 416-869-8598 In Toronto, this was the situation around 1995-97. 5% year-over-year. Greater Toronto Area, single-family MLS Home Price Benchmark Index: 454 votes, 142 comments. 2% year-over-year. 0% (-$15. Amidst continuing historically low levels of home sales, the competition for houses is surprisingly intense in Greater Toronto Area (GTA) as demand outpaces listings. Mar 5, 2024 · 2000s to Present: Upswing in Prices and Luxury Housing. Strata Insurance: Strata insurance is insurance used by a strata like a condominium to covers damages to common areas and assets and liability to the strata. Over the past 20 years, the 230% growth in Vancouver home prices has been much faster than either the 53% inflation rate or wage growth. 3% on a year-over-year basis to $1,005,000 in the first quarter of 2025. We visualize the average price of housing across Canada’s provinces and territories in 2023 (excluding Nunavut), based on data from the Canada Real Estate Association (CREA). Dec 15, 2019 · The Average House Price By Neighbourhood: The average house prices in Toronto by neighbourhood varies extremely. On a monthly basis, Mississauga home prices are up 0. A 1-bedroom apartment in Toronto, ON costs about $2,215 on average, while a 2-bedroom apartment is $2,782. 4% year-over-year, the sixth month in a row of year-over-year declines in a row, and were down 12. 9% higher than in March 2025. This represents a 4. 14 million between 2019 and 2022 and average market rent for a Nov 15, 2024 · Prices of condos in Canada fell 0. 0% year-over-year to $758,400 in March 2025. 2025 Market Outlook ⟶ Jun 4, 2018 · The TREB publishes two types of prices – the average price and its proprietary MLS Home Price Index based on a “composite benchmark home. 94 miles: Property Prices in Oshawa: 35. Sales: +1. Last month's median house price was $1,230,000, down 5% over last year. Jan 30, 2025 · Graph and download economic data for Real Residential Property Prices for Canada (QCAR628BIS) from Q1 1970 to Q3 2024 about Canada, residential, HPI, housing, real, price index, indexes, and price. Nov 30, 2024 · Toronto, ON New Housing Price Index, House Only is at a current level of 111. From 2011 to Housing Index in Canada remained unchanged at 124. Sales: +56. Houses for rent in Toronto, ON are more expensive, with an average monthly cost of $3,300. The HPI Nov 29, 2024 · Canada's house price annual change. 98% from one year ago. Prices are Nov 10, 2021 · Over the past two decades, home prices have increased 375 per cent nationwide and in hot markets such as Toronto and Vancouver, as much respectively as 450 to 490 per cent. 2 and 2. 30, down from 111. 6% vs 2023. Condo apartment prices were up by 21. The Greater Toronto Area (GTA) housing market is expected to experience a steady upward trajectory in prices over the next five years. Current Markham MLS® stats indicate an average house price of $1,248,862 and 868 new listings in the last 28 days. Our revamped Toronto Area Neighbourhood Map now gives you a complete view of every neighbourhood in the Toronto and Greater Toronto Area — with more real time house price data than ever including our Market Score which tells you how competitive it is to buy a home in every Mar 13, 2014 · A few hours later he emailed me a chart he’d whipped together, splicing 20 years of Canadian inflation-adjusted house prices onto his data for the U. The following chart shows the average price for a home from 1975-2009. 1% from 2023. The price of a new single-family home fell 1. 10 miles: Property Prices in Richmond Hill: 22. Along with all these real estate statistics is a ranking of every city in the Greater Toronto area based on their home sold price, price growth, days on market, and turnover. Based on current forecasts, housing prices in the GTA are projected to increase from $1,062k in 2024 to $1,231k by 2029. Get real estate facts on average house price, housing inventory, and average days on market. Nov 26, 2024 · The average sale price in the Toronto housing market has increased by one per cent across all property types between 2023 and 2024, from $1,103,534 to $1,114,267. Twice since 1953 the average price of a GTA home has surged around 35 per cent annually — including the all-time high of 36 per cent in 1987 — on an unadjusted basis. and Gerrard St. In March, the average Toronto house price was up 33% over a year ago. By Wolf Richter for WOLF STREET. Jan 28, 2025 · Average sales price of residential real estate Toronto, 2019-2023, by property type House price to income ratio index in the U. 6 per cent from $1,319,539 to $2,515,353 over that same period. How many available rentals are there in Toronto, ON? There are currently 7,725 rentals available in Toronto, ON. Chart 3: Toronto Median House Prices Average price was up by only 3% ($732,292), with detached house price in the City of Toronto lower by 1. 2M, representing an upward quarterly change of 20. Average House Prices in Canada averaged 472785. Access forecasts, trends, and historical price graphs for houses, condos, townhouses, and duplexes in Toronto, Ontario. 3 per cent to Feb 5, 2025 · “Monthly occupancy costs” (rent to landlords and charges for utilities) of Toronto Affordable Housing is related to the “Average Market Rents” (AMRs) of other rental accommodation in the city. The MLS® Home Price Index (HPI) is the most advanced and accurate tool to gauge a neighbourhood’s home price levels and trends. 9% from March 2025 but down 20. Apr 22, 2025 · The City of Toronto’s average home price is $1,110,924, up 2. 60 for Mar 2025 Month # of Sales: Avg List Price: Avg Sold Price: Above/Below Asking: Monthly Change ($) Monthly Change (%) Days on Market: February: 885: $649,900: $647,000-0. Feb 5, 2025 · TRREB Unveils Highly Anticipated Market Outlook and Year in Review Report. House prices in Canada have now fallen by 18% from the peak in March 2022 – or by $171,500 (all in Canadian dollars) – after the 1. 32M in August 2021 to a peak of at $1. Chart 1 - Building Permits, single-family and multi-family dwelling units, Canada, 1957 to 2014 Years Singles, including mobile homes Multiples; 1957: 60,044: 38,861: This chart presents average price trends for houses in the Toronto area during the last 40 years. Article content We If Toronto was building enough houses to keep up with demand, house prices would not be increasing 10% per year. House prices have been steadily increasing since then. Premium Statistic Average sales price of residential real estate Toronto , 2019-2023, by Nov 11, 2017 · Toronto Rent Prices 2012 Our Insights: Rent prices in Toronto increased 3. Apr 16, 2024 · The history of house price records and data in Toronto provides valuable insights into the trends and fluctuations in the housing market over time. The number of sales transactions decreased by 1. December 2, 2024. The chart underscores the cyclical nature of the real estate market. This is likely to affect townhome sales the most, as these are the most common type of home sold near the $1-million mark. ca Current Toronto MLS® stats indicate an average house price of $1,161,828 and 7,906 new listings in the last 28 days. 9x TSX 60 is up 2. In 2022, the average price went up by 9%, but in real dollars it was about $94,000. Property Prices in Vaughan: 16. A house price prediction model will be developed on data collected… The Toronto, OH housing market is somewhat competitive, scoring 40 out of 100. Zolo's real estate market trends gives you an up-to-date look at the Richmond Hill housing market. Since the December 2022 trough, the average home sold price in the Greater Edmonton Area (GEA) climbed 16% to a high of $420,507 in May 2023. See data trends over time. O. 87 miles: Property Prices in Oakville: 25. Jan 15, 2024 · Condo prices in Toronto carve out two-year low, house prices just a hair behind. 4% year-over-year to $1,239,300 in March 2025. Recognized as the single most comprehensive source for house price data in Canada, the RPS House Price Index Enterprise solution includes index values, median house price dollar values and extensive additional data by property type from a national to neighbourhood level. Get a glimpse of total home sales, new listings, and average prices for 2024. 00 CAD in January of 2005. Toronto House Prices. However, within the boundaries of the former city of Toronto, average rent prices climbed to $1212 which is 9. The average Toronto house price was $82. As the twenty-first century wore on, Toronto’s real estate market transitioned into a new stage marked by an unheard-of price increase and a drive toward opulent dwelling constructions. 60% year-on-year in 2011. In a recent New York Times op-ed, Nobel Prize winning economist Paul Krugman writes that the main culprit behind soaring house prices in New York is not high demand but the land use restrictions that are restricting the supply of Simplifying Toronto Real Estate Data Average, median and benchmark price data, along with sales and inventory data, are used to visualize price, supply and demand Nov 25, 2024 · Greater Toronto new home prices are still in free fall, reversing years of gains. 4% from February to March, marking the third consecutive monthly decline. 8 per cent to 112 units; Price: +25. Residential real estate sales in 2018: The relationship between house prices and income; Residential real estate sales in 2018: Who is purchasing real estate? Residential real estate sales in 2018: Characteristics of properties sold; Homeownership, income, and residential property values National Price Map The Canadian Real Estate Association compiles monthly statistics on activity over Multiple Listing Service® Systems of Canadian Real Estate Boards and Associations. 62 miles: Property Prices in Whitby, ON: 33. 6% below the 10-year average. Toronto’s housing market in March 2025 is a buyer’s market, with an SNLR of 39% and a record-high inventory of 49,284 active listings, up 39% year-over-year. Early History May 13, 2025 · In the last month, the rent in Toronto, ON did not change. 0% from their peak in April 2022. This page provides - Canada New Housing Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. It was Apr 12, 2024 · Royal LePage House Price Survey Chart: rlp. Average Price By Home Type. 14% higher the national average of $1,850. Toronto House Price Below, you’ll find links to charts and maps to help you understand: Average home prices by Toronto neighbourhood and type of property; How Toronto real estate fluctuates by month and season; Real estate price trends for the last 10 years; A comparison of average home prices in Toronto, Mississauga, Oakville, Durham Region, York Region Mar 11, 2025 · The average house price in Canada declined in 2023 after increasing for several consecutive years. 8k) drop from last year, and prices are now 32. 3% year-over-year to $593,000 in March Apr 27, 2024 · Vancouver: $1,184,000 (average home price) Toronto: $1,090,900 Questions and answers are edited for length and clarity. The RPPI provides a comprehensive and unique portrait of the residential real estate market as it covers both new and resale properties, and provides a look at both house and condominium apartment markets for the census metropolitan areas (CMAs) of Montréal, Ottawa, Toronto, Calgary, Vancouver, Victoria, and for the composite of these six CMAs. 88 miles: Property Prices in Hamilton: 44. 55 million in October. 6. source: Canadian Real Estate Association (CREA) Jul 26, 2019 · Using the handy Bank of Canada inflation calculator, this blog post will outline decade by decade house transactions to show the state our prices over time. 44% Month # of Sales: Avg List Price: Avg Sold Price: Above/Below Asking: Monthly Change ($) Monthly Change (%) Days on Market: February: 545: $1,299,900: $1,370,000 Ontario 2025 Toronto Real Estate HouseSigma Market Trends. 1% from March 2025's $860,545 and down 4. To access the datasets that go into the Housing Data Hub, visit the […] Apr 28, 2025 · Toronto, ON New Housing Price Index: Mar 2025: 112. Suburban areas such as Mississauga and Brampton are experiencing mixed price changes, with Mississauga average home prices down 1. 765 million, townhouses at $921,000, and $761,500 for a condominium. 1 March 2023 Numbers. May 7, 2024 · The xreport indicates that the average sold price for a house in Toronto stands at $1. 4%, averaging $507,841. Below is the list of the neighbourhoods with the cheapest average house price in Toronto. It can also include fixtures built or installed as part of Jan 14, 2024 · Here is a breakdown of sales activity and price growth by property categories in the city of Toronto: Detached. 68M in February 2022, a 27% increase in just 6 months. 57 miles: Property Prices in Brampton: 27. AMRs are published yearly by the Canada Mortgage and Housing Corporation (CMHC) in the Rental Market Report. Price Trends: After a cooling period in 2023 and 2024 due to higher interest rates, the housing market in Toronto is expected to stabilize by mid-2025. May 7, 2025 · Quick Market Overview ⟶ News. It was a year of the fear of higher for longer interest rates and rising long-term bond yields which gaves little hope for homebuyers hoping to buy a property in one The MLS® Home Price Index (HPI) is the most advanced and accurate tool to gauge home price levels and trends. 4 per cent year-overyear in April 2025. This is also when well capitalized developers begin looking for huge areas of land. 3 per cent to $729,922, according to TREB. Mar 4, 2024 · Exploring the Toronto real estate market can often feel like a rollercoaster ride, with sold prices fluctuating and trends constantly changing. Sold and rental prices, Days On Market, Sold & Active Listings, Price Distribution, Investor Demand & more. In 2024, house prices increased after falling for the first Jun 24, 2024 · Toronto House Prices Chart. 2% (at $1,191,052) from last year's level. Monthly data are available from January 1981. 7% year-over-year, with 9,776 transactions, 35. Browse year over year comparison charts on our new Toronto Real Estate Statistics page. May 5, 2025 · This 7-year growth is despite a 19% price decline from the peak of $1,313,800 in Toronto benchmark home prices in April 2022. There are currently over 6,857 new listings, with 2,333 homes sold in the last 28 days after an average 19 days on market, representing a 102% selling-to-listing price ratio. Then, compare the detached price to this graph below, a 'textbook example of a housing bubble' price trend. Eight of the 27 surveyed metropolitan areas experienced price gains, while 10 saw no change and nine reported decreases. 1% month-over-month increase. Nearly 30 years later the average price of a home in Toronto is over $560,000. Condo prices accelerated 19% over that same period. Monthly changes in home prices across the Greater Toronto Area using data collected and maintained by the Toronto Regional Real Estate Board. So, what are the factors behind T. Six founding partners jointly developed it: the real estate boards of Calgary, Fraser Valley, Greater Montreal, Greater Vancouver, and Toronto and the Canadian Real Estate Association. Aug 24, 2016 · Our home price data is continuously updated. 6% year-over-year to C$805,320, and is now down 12. housing market going back to 1890. Read the full report If you are interested in raw monthly real estate market statistics and short term market fluctuations, please see the tables. The average selling price, at $1,107,463, was down by 4. House prices clearly peaked in 1989 and then dropped until 1996. I remember going to look at houses in the bloor west village area to be closer to my husband’s job at the time and balking at the 850-1 million range these small homes were Mar 5, 2025 · The average resale house price in Canada was forecast to reach nearly 836,000 Canadian dollars in 2026, according to a January forecast. Apr 16, 2024 · In conclusion, analyzing past house prices in Toronto is crucial for understanding the current state of the city’s housing market. Toronto is a dynamic Jan 30, 2024 · While these cities comprised the top five for percentage price change over the time period surveyed, Toronto came in seventh, with a price change of 116. 11. As can be seen, there is a steady increase in prices from 2010 to 2016, indicating the overall upward trend in the market. The average selling price of a condo in Toronto decreased by 7. As of today, Toronto housing data shows median days on market for a home is 24 days. Research median house & condo prices, sizes, inventory, & recently sold info. History Chart of Average Price And Total Listings. This interactive dashboard provides access to current and historical data for the Residential Property Price Index (RPPI), and its sub-components (new and resale houses and condominium apartments) for the census metropolitan areas (CMA) of Montréal, Ottawa, Toronto, Calgary, Vancouver, Victoria and a 6 CMA composite, in a dynamic and customizable format. Average or median prices can change a lot from one month to the next and paint an inaccurate or even unhelpful picture of price values and trends. Aug 6, 2024 · we just got the first real picture of the toronto housing, ted carmichael global macro toronto house price boom how, one chart shows how unprecedented vancouvers real estate, history repeating itself torontos long record of housing busts, toronto home prices see biggest drop in almost 30 years, toronto real estate prices housing report 1967 to 2019, if you own toronto real estate this might be Apr 3, 2025 · The Toronto Regional Real Estate Board (TRREB) March Market Watch published on Thursday shows that the average home price in the GTA is down by two per cent, with the average home price now at Mar 28, 2023 · This project aims to build and evaluate a model's performance and predictive power using machine learning regression algorithms. Mar 28, 2025 · Let's take a look at Toronto's housing price history and price growth to determine the answer. While industry experts saw signs of improvement in late 2024, conditions have since deteriorated. Sales plummeted 26. Current Scarborough Village MLS® stats indicate an average house price of $809,347 and 54 new listings in the last 56 days. The base period for the index is (201612=100). As one of Canada’s fastest-growing real estate markets, Calgary’s upward trajectory in house prices and demand is a reflection of its burgeoning economy and attractive lifestyle. 3% higher than the city average and 5. 2% MoM. Home prices by market in Canada. Semi-detached The median sale price for semi-detached units edged down 2. Put simply, there are too many dollars chasing too few assets. 8%. A couple buy a home in midtown Toronto for just over $30K, adjusted for inflation this comes to $130K in today’s dollars. 2 days ago · Calgary median home prices are 0. Feb 19, 2024 · Canada Mortgage and Housing Corporation, Average sales price of residential real estate in Greater Toronto, Canada from 2019 to 2023, by property type (in million Canadian dollars) Statista, https There’s no better tool to determine price trends in the housing market. The average home sold price in the gta increased. 18% The FHFA House Price Index is a broad measure of the movement of single-family house prices. To view Toronto’s AMRs, view tables 1. 50 last month and down from 112. 6 per cent from 2013 to 2023. The Teranet index indicated moderate price gains, with Toronto's prices rising by 9. 4 days ago · Toronto, ON. As of today, Markham housing data shows median days on market for a home is 26 days. 84 miles: Property Prices in Burlington: 34. ca/market-forecast-Q1-2024. This report analyzes sales history between April 17 - May 15 and compares it against the same period in 2024. 45K last month, down 48. Feb 23, 2022 · Triple-digit increases in sales were noted in Toronto Central, Halton Region, York Region, Simcoe County and Dufferin County over the past 25 years, while average sale prices reached new heights across the greater Toronto housing market, with percentage increases climbing between 1996 and 2021, from a low of 301 per cent in Toronto Central, to Feb 23, 2022 · Triple-digit increases in sales were noted in Toronto Central, Halton Region, York Region, Simcoe County and Dufferin County over the past 25 years, while average sale prices reached new heights across the greater Toronto housing market, with percentage increases climbing between 1996 and 2021, from a low of 301 per cent in Toronto Central, to Apr 16, 2024 · The table above illustrates the average price of Toronto real estate over a seven-year period. Seasonal trends and historical analysis too. 8 per cent to 371 units; Price: -0. 17 miles Jan 18, 2017 · Chart: Bosley Real Estate. May 8, 2025 · In April 2025, the average home price was $470,447, which shows a 9. Aug 24, 2016 · Current Oakville MLS® stats indicate an average house price of $1,413,804 and 1,068 new listings in the last 28 days. 2024. Chart of how canada's average home price is slated to inflate over the course of 2024, from royal lepage's new market outlook. First, take a look at Toronto's detached and condo price history at the top of the page. Feb 4, 2025 · 5-Year Canadian Housing Price Prediction for the Greater Toronto Area. The low-rise market in particular was quite interesting because from January to August of 2021, prices were flat and the market was very balanced, before average prices took off, climbing from $1. This is a line chart. Premium Statistic Average sales price of residential real estate Toronto, 2019 Jul 5, 2013 · The average price of a Toronto house in 1981 was $90,203. The average price for a Toronto home increased by 4% in 2009 to $395,460, the 13th straight year house values have increased in Toronto. The table presents data for the most recent reference period and the last four periods. Sales: +20. Median prices for semi-detached houses reached $620,500, declining by 1. Oct 1, 2023 · The average price for a home in the GTA for 2023 is $1,134,781, according to Toronto Regional Real Estate Board data. Median house prices for detached houses reached $725,000, remaining unchanged compared with last April and decreasing by 1% monthly. The recent increase in the insured mortgage price limit from $1 million to $1. Twenty years before that, back in 2002, the average price also went up 9%, but with an average home price of $251,000 the year before, that 9% increase only equaled $23,000 in actual dollars. 60 -0. MONTH-OVER-MONTH The Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, decreased by 0. 4 per cent 10-year increase compared to August 2013’s average of $501,230. In January 2024, the average home sold price in the Greater Toronto Area (GTA) saw a notable shift, decreasing by 1. Average House Prices in Canada decreased to 689200 CAD in April from 697600 CAD in March of 2025. 4 per cent for the same time period (from 21,587 to 21,291) while the total number of listings increased by 18 per cent (from 48,187 in Mar 21, 2024 · In February 2014, we were looking to sell our house in Markham and move back to Toronto cause the suburbs were getting boring to us after five years of living there. 5% than they were in 2011. Over the years, the property prices in Toronto have experienced significant changes, reflecting the city’s economic development, population growth, and housing market dynamics. As one of the most populous cities in Canada, Toronto has a dynamic and ever-changing real estate market, making it crucial for both buyers and sellers to understand the historical index. See full list on wowa. Mar 6, 2024 · The average house price in Calgary is approximately $569,361 as of January 2024, which is an increase of about 11. Sep 20, 2023 · The central region has seen the average price for detached units climb 90. The MLS® Home Price Index Composite benchmark was down by 5. 4 per cent year-over-year in April 2025. Toronto real estate price charts and maps: cost of homes in Toronto by neighbourhood and type of property. 6% (-$751k) lower than the record high reached in 2022. In the cheapest neighbourhoods, the average house price is as low as $618,500 ( Mount Dennis) up to $4,529,313 in areas such as Lawrence Park. 3% since last year. 2% annually while increasing by 0. 0x This shows that it's not just real estate. 1%. This chart presents average price trends for houses in the Toronto area during the last 40 years. 3%, or an ear-ringing C$113,000, from the Sep 18, 2023 · The report also broke up prices for different types of properties in Toronto, with detached homes at $1. 's seemingly endless price climb? Steady population growth has played an important factor in Toronto’s real estate market success. Late 1950s. Loose monetary policy has caused broad asset price inflation. Jan 5, 2024 · Between 2010 and 2022, real Canadian housing prices jumped 90%, making Canada one of the most expensive and unaffordable housing markets in the world. Charts of Canadian home prices by city from Metro Toronto Real Estate Trends and Price Forecast HIGHLIGHTS. Mar 11, 2025 · The house price for Ontario is forecast to increase slightly in 2025, after declining by six percent in 2023. 5x MSCI World Index is up 4. The average price in May for the Greater Toronto Area (GTA) fell 6. Greater Toronto Area The aggregate price of a home in the Greater Toronto Area (GTA) increased 5. 0% year-over-year to $1,046,145. May 7, 2025 · A series of charts summarizing key residential statistics for the GTA. Ontario's housing market had an average home price of $859,645 in April 2025, down 0. Prices levelled off during 2008, but resumed their upward climb in 2009, climbing steeply in 2016 and 2017. On a month-over-month seasonally adjusted basis, the average selling price was down. 40 one year ago. 2, […] Canada's national new housing price index showed no movement in March compared with the previous month, masking regional variations. Given the factors at play, here are some key predictions for 2025: a) Housing Prices to Stabilize, Followed by Moderate Growth. Jan 6, 2010 · John Pasalis in Toronto Real Estate News. 3 per cent to $1,626,980; Semi-Detached. While detached home prices have also experienced pressure, condos are particularly affected due to higher supply and shifting buyer preferences. Toronto House Prices Chart 2024. REGIONAL SUMMARIES. average Toronto detached home price is up 2. Toronto real estate market over the years Chart description. This news sparked a meeting of "three wise men" -- Canada's Finance Minister Bill Morneau, Ontario's Finance Minister Charles Sousa, and Toronto's Mayor John Tory -- to collaborate on appropriate actions to ease the panic. This report's home price data examines sales history between April 17 - May 15 and includes percent changes from the same 28-day period in 2024. 1. As of today, Scarborough Village housing data shows median days on market for a home is 19 days. Toronto Housing Market Report 2024 was a slow year again for Toronto Realtors, sometimes agonizingly so, yet sales did increase by 2. For example, Concord Pacific bought the Toronto land used for City Place in 1996. In 2014, Toronto’s population reached above 600,000 for the first time (6,055,724). Average Price. . How do rent prices in Toronto, ON compare with the national average? The average rent in Toronto, ON is $2,500 — 35. As of today, Oakville housing data shows median days on market for a home is 25 days. For semi-detached units in the west region of Toronto, the average sale price came in at $1,064,727 last month, representing a 112. By examining historical trends and data, valuable insights can be gained into the factors that have shaped the market over time. 2023. The median list price of homes in Toronto, ON for Single The median sale price for single detached homes edged down 2% on a year-over-year basis to $1,250,000 in the first quarter of 2025. 5. Toronto, ON New Housing Price Index (I:TONNHPI) 112. 1% year-over-year increase and a 2. It was a very reasonable price at the time and people didn't mind paying the huge interest rates because it was so darn affordable. For more information on key actions the City is taking to improve housing access, choice and affordability for residents of Toronto, see the HousingTO 2020-2030 Action Plan and the Housing Action Plan 2022-2026. 2% from the previous year. 00 CAD in February of 2022 and a record low of 243500. Time will tell if condo prices remain sticky or if we begin to seem some downward pressure on condo prices. Nov 3, 2024 · Predictions for the Toronto Housing Market in 2025. 8x S&P 500 is up 2. Mar 4, 2020 · Find out how local real markets are doing in over 500 Toronto area neighbourhoods - based on real time house price data. Long Term Trend. Apr 17, 2025 · The average selling price of a single-family home in Toronto decreased by 5. The average price for a house in the Toronto area was $1,414,237 in May, down 4%over the same month last year. It consists of a set of software tools configured to provide time-related indices on residential markets of participating real estate boards in Canada. The Toronto Regional Real Estate Board’s (TRREB) Market Outlook and Year in Review report reveals that a well-supplied housing market will keep average annual home price growth at the rate inflation, with the average selling price increasing moderately in the Greater Toronto Area (GTA) over the course of the year. Nominal and inflation-adjusted ('real') Canada Nov 19, 2023 · Column chart (stacked) Visualize individual series and their total Toronto Historical Home Prices (1974-2023) By Aloysius Wong on 19 Nov 2023 Template credits Sep 20, 2023 · The central region has seen the average price for detached units climb 90. This tool does not validate postal codes OM Jan 23, 2024 · Update as of Jan 2024: As we begin Q1, the Toronto real estate market is showing unusual trends: a surge in condo listings, typical of spring, is already underway, indicating a strong start to the year. Jul 11, 2024 · Toronto real estate report and detailed housing statistics at HonestDoor. 90K subscribers in the TorontoRealEstate community. This is when prices pretty much just recovered the losses after the 1989 peak. 8% in October from September the lowest level since December 2021. 5 per cent to $1,173,171; Townhome. Residential property price indexes, Toronto, index (2017=100) Total, construction type and building type Resale house Resale Apr 28, 2025 · In depth view into Toronto, ON New Housing Price Index including historical data from 1981 to 2025, charts and stats. Tracking House Listing Price in Canada Since 2018. 1 per cent compared to April 2024. 1 per cent to 128 units; Price: +1. The average selling price of a townhouse/multiplex in Toronto decreased by 5. 17 miles House prices in Canada (11 cities composite) % change 1 yr. 2% drop in December from November, the sixth month-to-month drop in a row, according to the Home Price Benchmark Index for single family houses by Mar 4, 2015 · In 1987, this semi-detached, three bedroom house, with lane parking, sold for $155,000, near Jones Ave. Metro Toronto home values have been volatile since 2021, and are now trending downward. 18% from last month and -0. Apr 23, 2025 · New housing price index (NHPI). Latest News; Blog; Podcast; News Releases; Market Outlook. ” Both fell in May compared to a year ago. In contrast the mortgage interest rate in Canada in 2012 was hovering just under 3%. 2% year-over-year to $1,026,703. They were down 4. The Latest Real Estate Market News, Trends & Advice For Toronto GTA and… 3 days ago · Toronto House Prices in March 2025. May 6, 2025 · MLS® HPI Benchmark Price: The MLS® Home Price Index (HPI) Benchmark Price is the HPI translated into a real-world price number. Avg List Price: Avg Sold Price: Above/Below Asking: Monthly Change ($) Monthly Change (%) Days on Market: February: 176: Toronto, ON M3B 3J5 Phone: 416-800-1055 Adapted from Statistics Canada Postal Code OM Conversion File (June 2013) which is based on data licensed from Canada Post Corporation. Try this MLS® HPI demo to see how it works. 6% compared to March 2025. Sales activity in Ontario has been picking up seasonally with 14,244 transactions in April 2025, up 18. 25 CAD from 2005 until 2025, reaching an all time high of 837300. Analyzing the Toronto house prices chart reveals a broader trend of volatility. By the Numbers: May 2024. 4% in 2012 to become $1108, slightly exceeding the provincial guideline of 3. 6k) to $1. yeaoyc nfyuz kat wbzuk hupz scyqgu ekw wczmavt bqx updk