Toronto Houses: Average price trends on a longer term view.

Published Jan 2025

This is a long term monthly chart of average prices for detached, semi, townhouses in Toronto.

The line represents avg price and the grey bars represent % change in avg price compared to same month the previous year. Couple important things which stand out to me.

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The buyers have returned!

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Don't expect the same reaction now that the BoC is cutting rates.