Canadian Real Estate News TRREB: Housing Market Gets More Affordable in 2024 with Lower Rates and Prices | Tuesday, January 7, 2025 | The Greater Toronto Area (GTA) housing market experienced a transitionary year in 2024. Annual sales were up slightly compared to 2023, and new listings were up significantly year-over-year. Buyers benefited from substantial negotiating power on price, especially in the condominium apartment market. Average selling prices in 2024 dipped in comparison to 2023 as a result.
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