Toronto Real Estate Market Snapshot June ’24

Toronto Real Estate Market Snapshot June ’24

June 27, 2024

Toronto Real Estate Market Snapshot June ’24

Today, let’s take a look at the 30 day market snapshot for the City of Toronto.

Over the past 30 days, sold listings and the average sales price are down for single family homes in Toronto, with average days on the market up to 13 days. The average sale price is $1.65 million dollars.

Now turning our attention to condos.

Sold listings are down but the average sales price is up, with average days on the market up to 24 days. The average sale price of a condo in Toronto is $787 thousand dollars.

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Learn more about the Toronto Real Estate Market:

Kitchener, Ontario, is a vibrant city located in the heart of southwestern Ontario. With a population of over 240,000, Kitchener is known for its rich history, diverse culture, and strong economy. Originally settled by German Mennonites in the early 19th century, Kitchener has grown into a dynamic urban center with a unique blend of old-world charm and modern amenities.

Reasons to Move to Kitchener

Toronto, Ontario, is Canada’s largest city and a major international hub known for its vibrant cultural scene, economic opportunities, and diverse population. As the provincial capital of Ontario, Toronto offers a unique blend of urban sophistication and natural beauty, making it an attractive destination for people from all walks of life.

Reasons to Move to Toronto:

  1. Cultural Diversity: Toronto is one of the most multicultural cities in the world, with over 140 languages spoken. This diversity is reflected in the city’s neighborhoods, festivals, cuisine, and cultural institutions. Moving to Toronto means experiencing a global city with a rich tapestry of cultures and traditions.
  2. Economic Opportunities: Toronto is Canada’s economic powerhouse, home to the Toronto Stock Exchange and headquarters of major Canadian and international companies. The city’s robust economy offers plentiful job opportunities in finance, technology, healthcare, education, and creative industries.
  3. Education and Research: The city boasts some of the best educational institutions in Canada, including the University of Toronto, Ryerson University, and York University. These institutions attract students and researchers from around the world, contributing to the city’s vibrant intellectual community.
  4. Quality of Life: Toronto offers a high quality of life with excellent healthcare facilities, public transportation, and public services. The city is known for its safety, clean streets, and well-maintained parks and recreational areas.
  5. Arts and Entertainment: The city is a cultural hotspot, with numerous theaters, art galleries, museums, and music venues. The Royal Ontario Museum, the Art Gallery of Ontario, and the Toronto International Film Festival are just a few of the many attractions that draw art and culture enthusiasts.
  6. Green Spaces and Waterfront: Despite its urban density, Toronto has plenty of green spaces, including High Park, Trinity Bellwoods Park, and the Toronto Islands. The city’s waterfront along Lake Ontario offers beautiful views, recreational activities, and a revitalized harborfront area.
  7. Food Scene: Toronto’s culinary landscape is incredibly diverse, reflecting its multicultural population. From street food markets to high-end dining, the city offers a wide range of gastronomic experiences.


Toronto Real Estate Market Snapshot June '24 - CN Tower and Toronto Skyline
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