TORONTO, ONTARIO, 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.
