Average House Price in Toronto
The average house price in Toronto is $1,061,700
In November 2024, Toronto’s average house price down by -1.2% compared to the year prior.
| Average House Price in Toronto | |||
| 2023 | 2024 | 2025 | |
| January | $1,070,600* | $1,065,800 | |
| February | $1,089,300* | $1,093,900 | |
| March | $1,110,000* | $1,113,600 | |
| April | $1,139,100* | $1,128,100 | |
| May | $1,157,500* | $1,117,400 | |
| June | $1,164,100* | $1,110,600 | |
| July | $1,154,600* | $1,097,300 | |
| August | $1,134,600* | $1,082,200 | |
| September | $1,120,200* | $1,068,700 | |
| October | $1,097,000* | $1,060,300 | |
| November | $1,074,700* | $1,061,700 | |
| December | $1,067,200 | ||
| Source: CREA | |||
| *Updated | |||
House prices in Toronto 2020-2022
| Average House Price in Toronto | |||
| 2020 | 2021 | 2022 | |
| January | $828,800* | $945,200* | $1,257,500* |
| February | $844,600* | $986,200* | $1,326,100* |
| March | $864,600 | $1,020,700* | $1,335,000* |
| April | $870,100 | $1,036,900* | $1,303,900* |
| May | $880,200* | $1,018,500* | $1,250,000* |
| June | $875,900* | $1,021,900* | $1,193,500* |
| July | $893,000* | $1,025,100* | $1,146,500* |
| August | $902,500* | $1,033,200* | $1,113,900* |
| September | $908,900* | $1,065,300* | $1,100,500* |
| October | $908,600* | $1,113,100* | $1,088,300* |
| November | $914,100* | $1,153,000* | $1,080,000* |
| December | $921,400* | $1,187,200* | $1,071,400* |
| Source: CREA 2020 | |||
| *Updated | |||
Home prices depend on the size, location, amenities, the age and condition of the apartment, townhouse or house.
| Average House Price in Toronto | |||
| 2017 | 2018 | 2019 | |
| January | $706,700* | $741,700* | $761,800 |
| February | $728,300* | $750,200* | $767,800 |
| March | $772,400* | $759,300* | $779,100 |
| April | $807,900* | $764,800* | $789,400* |
| May | $816400* | $770,900* | $795,100* |
| June | $810,700* | $770,600* | $798,400* |
| July | $773,00* | $766,900* | $800,200* |
| August | $753,900* | $764,800 | $801,500* |
| September | $750,200* | $765,400 | $804,500* |
| October | $746,600* | $766,300 | $810,300* |
| November | $743,300* | $763,600 | $816,300* |
| December | $742,000* | $764,200 | $819,100* |
| Source: CREA | |||
| *Updated | |||
Decide if homeownership is right for you.
Here are some recommendations from the Canada Mortgage and Housing Corporation to buying your first home:
- Check if you are financially ready to own a home
- Analyze your situation and mortgage possibilities
- Find the right home
- Make and offer and close the deal
