TRREB Market Report Highlights - September 2024
Interest Rate Cuts and Lower Home Prices. More Affordable Market Conditions.
- Market Conditions
- With the interest rate cuts and lower home prices, many buyers are starting to take advantage.
- GTA Home Sales
- In September, home sales in the GTA were up 8.5 percent, compared to last year.
- More Listings
- The market saw 18,089 new listings in September —10.5 percent higher than the same time last year, offering buyers plenty of options.
- Prices
- The average selling price in the GTA was $1,107,291, down by less than 1 percent compared to September 2023.
Want more details? Check out TRREB's full report here.
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September 2024 vs. September 2023
September 2024 vs. August 2024
Click here to see Toronto Real Estate Board's Full Report
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