Toronto Homes Sold Report

Toronto Homes Sold Report

Join our Mailing List to receive Monthly Homes Sold Reports for homes sold on the Toronto MLS. The Toronto Homes Sold Report will provide monthly, up-to-date sales figures for Toronto and GTA including York Region, Durham Region, Peel Region, and Halton Region.

Toronto Homes Sold Report - MLS

Homes Values In toronto

Despite the market’s softening following the Bank of Canada’s interest rate hikes two years ago, recent findings indicate that the average price of homes in Toronto has consistently remained at or above $1 million since early 2021. Similarly, Vancouver has maintained an average housing cost of at least $1 million since 2020. As of last month, homes across Canada were sold at an average price exceeding $659,000.

In February 2024, the benchmark home price in the Greater Toronto Area reached $1,093,900, marking a modest 0.4% year-over-year increase. Additionally, the average selling price of homes in the GTA rose by 1.2% year-over-year to $1,108,720 for the same period. Notably, the average price of detached homes experienced a slight 0.3% year-over-year increase, reaching $1.44 million.