Niagara Falls, Ontario, CA397 Property Listings
- Sale
PT LT 16 LYONS CREEK Rd
Niagara Falls, 224 - Lyons Creek
N/AN/AN/Aft²CA$5,600,000X9410864 • PEAK GROUP REALTY LT...
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6018 EAGLEWOOD Dr
Niagara Falls, 220 - Oldfield
4+35N/Aft²CA$1,246,900X9412392 • RE/MAX PREMIER INC.,...
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6558 ORCHARD Ave
Niagara Falls, 216 - Dorchester
33N/Aft²CA$674,999X9412377 • COLDWELL BANKER MOME...
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4696 JEPSON St
Niagara Falls, 210 - Downtown
N/AN/AN/Aft²CA$249,900X9412256 • HOMELIFE/FUTURE REAL...
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0 TERRACE Ave
Niagara Falls, 210 - Downtown
N/AN/AN/Aft²CA$229,900X9412254 • HOMELIFE/FUTURE REAL...
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4118 CHIPPAWA Pkwy
Niagara Falls, 223 - Chippawa
32N/Aft²CA$524,900X9412070 • ROYAL LEPAGE NRC REA...
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6916 GARNER Rd
Niagara Falls, 219 - Forestview
43N/Aft²CA$1,980,000X9411875 • SUTTON GROUP-ADMIRAL...
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3615 GUNNING (PART 3) Dr
Niagara Falls, 223 - Chippawa
N/AN/AN/Aft²CA$315,000X9412683 • EXP REALTY...
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5820 RAMSEY Rd
Niagara Falls, 221 - Marineland
31N/Aft²CA$999,000X9412304 • RE/MAX NIAGARA REALT...
- SaleApartment No.5
7276 OPTIMIST LANE Lane
Niagara Falls, 212 - Morrison
2+13N/Aft²CA$989,999X9412240 • RE/MAX NIAGARA REALT...
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4597 CATARACT Ave
Niagara Falls, 210 - Downtown
44N/Aft²CA$549,000X9412236 • WISDOMAX REALTY LTD...
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4758 PADDOCK TRAIL Dr
Niagara Falls, 213 - Ascot
N/AN/AN/Aft²CA$279,000X9412234 • WISDOMAX REALTY LTD...
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4300 STANLEY Ave
Niagara Falls, 210 - Downtown
N/AN/AN/Aft²CA$8,250,000X9412144 • COLLIERS INTERNATION...
- SaleApartment No.96Unit No. Call
4552 PORTAGE Rd
Niagara Falls, 211 - Cherrywood
3+131600-1799ft²CA$849,000X9413837 • STICKS & BRICKS ...
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7924 ODELL Cres
Niagara Falls, 222 - Brown
N/AN/AN/Aft²CA$1,225,000X9413889 • RE/MAX NIAGARA REALT...
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3758 MAIN STREET
Niagara Falls, 223 - Chippawa
N/A5N/Aft²CA$2,400,000X9413691 • ROYAL LEPAGE NRC REA...
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9940 BIGGAR Rd
Niagara Falls, 225 - Schisler
N/AN/AN/Aft²CA$2,498,000X9411203 • REVEL Realty Inc., B...
- Sale
2459 NOELLA Cres
Niagara Falls, 207 - Casey
3+13N/Aft²CA$1,299,000X9414161 • ROYAL LEPAGE NRC REA...
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5333 STAMFORD St
Niagara Falls, 211 - Cherrywood
3+32N/Aft²CA$569,999X9413958 • RE/MAX EXCEL REALTY...
- Sale
5266 STUART Ave
Niagara Falls, 211 - Cherrywood
52N/Aft²CA$649,900X9413554 • HOMELIFE SUPERSTARS ...
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.