GTA Real Estate Broker | Arthur Zhao

TeraIntelligence Data Spotlight: The average house price in Toronto dropped by 6.3% since November 2022

Key Insights:

From November 2022 to October 2023:

  • The total value of sales registrations dropped 27.2% from the previous 12-month period.
  • The total value of mortgage registrations dropped 31.7% from the previous 12-month period.
  • The average house price in Toronto dropped by 6.3%
  • The mortgage registration activity by Generation X dropped by 27.9% in Toronto.
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