Market Update end of March 2024

  • March 2024 home sales reported were lower than March 2023 due to Good Friday falling in March this year versus April last year.
  • Despite a better-supplied market compared to last year, there was enough competition between buyers to see a moderate increase in the average March home price compared to last year’s level.
  • GTA realtors reported 6,560 sales through in March 2024 – down by 4.5 per cent compared to March 2023.
  • New listings were up by 15 per cent over the same period.
  • The first quarter ended with sales up by 11.2 per cent year-over-year.