Toronto-area home prices finally start to fall as buyers gain negotiating power

Toronto-area home prices finally start to fall as buyers gain negotiating power

April Toronto real estate board data shows prices for all property types dropping year-over-year, with condos seeing the steepest decline.

Average home price slips below $1M in Mississauga

Those looking to buy a home could find more selection and lower prices in Mississauga this spring. The latest numbers are in and the average price for a home slipped below the $1 million mark to $993,959 in April, real estate brokerage Zoocasa said in its analysis of the Toronto Regional Real Estate Board data. That is down from $1,046,145 in March. Both sales and listings increased in the city. Home sales rose 7.2 per cent to 490 transactions, …

Toronto home-price declines accelerate amid trade war with US

The slump in Toronto home prices deepened in April as ongoing uncertainty over Canada’s trade war with the US causes listings to pile up on the market.

Toronto Home Sales Down Despite Surge in New Listings

The average selling price last month was $1.10 million, down 4.1% from $1.15 million in April 2024. Continue Reading Toronto Home Sales Down Despite Surge in New Listings The post Toronto Home Sales Down Despite Surge in New Listings appeared first on Weekly Real Estate News.