Milton, Ontario, CA354 Property Listings
- Sale
585 Laking Terr
Milton, Clarke
33N/Aft²CA$919,900W9770171 • IPRO REALTY LTD....
- SaleApartment No.3
1285 Sycamore Gdns
Milton, Cobban
3+132000-2500ft²CA$1,099,000W10416279 • IPRO REALTY LTD....
- Sale
664 Caldwell Cres
Milton, Beaty
4+242500-3000ft²CA$1,498,999W10414206 • CENTURY 21 MILLER RE...
- Sale
17 Mary St
Milton, Old Milton
32N/Aft²CA$1,024,900W10415039 • RE/MAX REAL ESTATE C...
- SaleApartment No.121Unit No. 37
1573 Rose Way
Milton, Cobban
221200-1399ft²CA$789,900W10411909 • IPRO REALTY LTD....
- SaleApartment No.36
1000 Asleton Blvd
Milton, Willmott
43N/Aft²CA$899,999W9511820 • ROYAL LEPAGE FLOWER ...
- Sale
108 Meadowbrook Dr
Milton, Old Milton
553500-5000ft²CA$2,388,000W8490186 • EXCEL-HOME REAL ESTA...
- Sale
514 McFerran Cres
Milton, Willmott
4+24N/Aft²CA$1,150,000W9731959 • SUTTON GROUP - SUMMI...
- Sale
463 Dymott Ave
Milton, Harrison
432000-2500ft²CA$1,099,999W9510436 • RE/MAX REALTY SPECIA...
- Sale
1606 Waldie Ave
Milton, Clarke
33N/Aft²CA$999,900W10411723 • KELLER WILLIAMS REAL...
- Sale
7369 Appleby Line
Milton, Nelson
332000-2500ft²CA$1,850,000W9327818 • RE/MAX REAL ESTATE C...
- Sale
1534 Evans Terr
Milton, Clarke
331100-1500ft²CA$899,000W10410312 • ROYAL LEPAGE REAL ES...
Market Analysis
Toronto Real Estate Market Analysis for 2024
Between January 1 and July 31, 2024, average sale prices in the Toronto housing market increased by 0.5 percent year-over-year across all property types, rising from $1,110,587 in 2023 to $1,115,799 in 2024. During this same period, the number of home sales dropped by 5.4 percent, declining from 16,061 in 2023 to 15,195 in 2024. Meanwhile, the number of listings surged by 25.2 percent, growing from 31,737 in 2023 to 39,744 in 2024. Looking ahead, average sale prices are projected to decline by two percent for the remainder of 2024, while the number of sales is expected to stay steady. The Toronto housing market is currently experiencing balanced conditions in most areas, a trend that is likely to persist into the fall. While there is a good supply of resale homes, prices remain unaffordable for many buyers, particularly first-time homebuyers. Over the long term, the ongoing housing supply shortage will continue to influence the market. Key factors contributing to the housing shortage in Toronto include insufficient new construction and the high cost of building compared to current and forecasted market values. In response to these shortages, Toronto homebuyers are adapting by staying in their parental homes longer, sharing accommodations, and exploring alternative forms of home ownership to make purchasing more affordable. Renters, meanwhile, are continuing to rent instead of buying, further straining Toronto's rental market. On September 4, the Bank of Canada announced a 25-basis-point reduction in interest rates. However, this modest cut is unlikely to significantly improve affordability in Toronto, where average prices remain high. More substantial interest rate reductions will be necessary to create the affordability needed for many buyers, especially first-time homebuyers. A combination of further interest rate decreases and a downward adjustment in prices this fall and into 2025 is expected to boost sales in 2025.