UNDERSTOOD

November 2024

A close look at Real Estate Trends in the Greater toronto area

In November 2024, GTA home sales jumped 40% year-over-year, led by strong demand for detached homes. Average price reached $1.1M, up 2.6%. Listings rose 6.6%, but buyer demand outpaced supply. Oakville, Burlington, and Hamilton saw continued strength in the detached segment, while condos remained stable, offering good value and more negotiation room in the 905 region. The market showed signs of tightening as buyers acted ahead of anticipated rate cuts.

Oakville MARKET INSIGHTS

November 2024

Burlington MARKET INSIGHTS

November 2024

HAMILTON MARKET INSIGHTS

November 2024

Mississauga MARKET INSIGHTS

November 2024

TORONTO MARKET INSIGHTS

November 2024