In November 2024, the City of Toronto recorded 2,235 sales, showcasing strong activity in the urban housing market.
The median home price in Toronto was $897K, making it more affordable compared to other regions in the Greater Toronto Area.
A total of 3,862 new listings were introduced, giving buyers ample choices in the city.
With 8,662 active listings, Toronto had a significant inventory available for prospective buyers.
The months of inventory in Toronto were at 3.7, reflecting a slightly balanced market with a slight advantage toward buyers.