Scugog, Ontario, CA91 Property Listings
- Sale
4110 Mabels Rd
Scugog, Rural Scugog
N/AN/AN/Aft²CA$449,000E9395666 • LIVING REALTY INC....
- Sale
1778 Scugog St
Scugog, Port Perry
32N/Aft²CA$900,898E9810681 • RE/MAX ALL-STARS REA...
- Sale
19210 Scugog Point Rd
Scugog, Rural Scugog
32N/Aft²CA$679,000E9752115 • ROYAL LEPAGE FRANK R...
- Sale
16 River St
Scugog, Rural Scugog
4+14N/Aft²CA$999,000E9514201 • EXIT REALTY SUNSET B...
- Sale
219 Summit Dr
Scugog, Rural Scugog
533000-3500ft²CA$1,525,000E9513855 • TANYA TIERNEY TEAM R...
- Sale
126 Aldred Dr
Scugog, Port Perry
3+232500-3000ft²CA$1,399,000E9508668 • EXP REALTY...
- Sale
64 Suggitt Dr
Scugog, Rural Scugog
3+24N/Aft²CA$1,399,900E9241077 • ROYAL LEPAGE FRANK R...
- Sale
311 Regional 21 Rd
Scugog, Rural Scugog
3+152500-3000ft²CA$1,775,000E9351628 • RE/MAX ALL-STARS REA...
- Sale
16061 Island Rd
Scugog, Port Perry
N/AN/AN/Aft²CA$525,000E9510318 • KELLER WILLIAMS EDGE...
- Sale
14701 Wilson Ave
Scugog, Rural Scugog
2+23N/Aft²CA$2,569,000E9509005 • DAN PLOWMAN TEAM REA...
- Sale
4 Brook St
Scugog, Rural Scugog
32N/Aft²CA$740,000E9507230 • SUTTON GROUP-HERITAG...
- Sale
15930 Marsh Hill Rd
Scugog, Rural Scugog
3+24N/Aft²CA$1,849,000E9507028 • ROYAL LEPAGE FRANK R...
- Sale
15201 Cartwright E Quarter Line
Scugog, Rural Scugog
3+231500-2000ft²CA$1,389,000E9419917 • RE/MAX JAZZ INC....
- Sale
275 Waterbury Cres
Scugog, Port Perry
2+131500-2000ft²CA$1,179,900E9419139 • RE/MAX ALL-STARS REA...
- Sale
41 Pettet Dr
Scugog, Rural Scugog
32N/Aft²CA$999,900E9418409 • HOMELIFE LANDMARK RE...
- Sale
548 View Lake Rd
Scugog, Rural Scugog
32N/Aft²CA$1,799,000E9416803 • ROYAL LEPAGE FRANK R...
- Sale
62 Orchard Rd
Scugog, Port Perry
32N/Aft²CA$849,900E9416405 • RE/MAX HALLMARK FIRS...
- Sale
15460 Simcoe St
Scugog, Port Perry
43N/Aft²CA$950,000E9395229 • RE/MAX JAZZ INC....
- Sale
14241 Old Scugog Rd
Scugog, Blackstock
2+11N/Aft²CA$749,999E9397944 • RE/MAX HALLMARK FIRS...
- Sale
8 Johnstone Lane
Scugog, Rural Scugog
41N/Aft²CA$749,900E9052361 • REVEL REALTY INC....
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.