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Toronto Home Sales Forecast Calls for 17% Increase in Activity in 2024

Signs of Housing Market Heating Up May Affect Bank of Canada's Next Rate Cut
Home sales in Canada's largest city are expected to jump in 2024 but prices will still be below the 2022 peak in Toronto. (Getty Images)
Home sales in Canada's largest city are expected to jump in 2024 but prices will still be below the 2022 peak in Toronto. (Getty Images)
CoStar News
February 12, 2024 | 8:47 P.M.

Canada's largest real estate board expects existing home sales in the Greater Toronto Area to climb 17% this year, but prices are not expected to reach the 2022 peak.

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