GTA top1% real estate agent Daisy Huang presents【Price vs YoY change% quadrant analysis for townhouses in the Greater Toronto Area】

【Price vs YoY change% quadrant analysis for townhouses in the Greater Toronto Area】【2024 Greater Toronto Area Townhouse and Semi-detached House New Year’s List】
– In 2023, the average price of townhouses and semi-detached houses in the GTA was $1.08 million, experiencing a yearly decline of 5.1%. Among them, Toronto Central, King City, and Markham secured the top three average prices, standing at $1.59 million, $1.38 million, and $1.28 million, respectively.
– The distribution also generally showed larger price drops in the suburbs and smaller declines in the core areas. It’s worth noting that the average prices of townhouses and semi-detached houses in King City increased against the market trend, rising by 8% annually.
– Looking at the quadrant chart for townhouses and semi-detached houses, King City stands out as a solitary point, leading the way. On the chart, the horizontal axis represents the average transaction price, the vertical axis represents the yearly change rate, and the size of the circles represents the transaction volume. It can be observed that due to the small transaction volume of townhouses and semi-detached houses in King City, with only 24 transactions annually, the price fluctuations are quite random.
– For the other towns, there was a general trend where lower-priced properties experience larger declines, while higher-priced properties had smaller declines. In Brampton, townhouses and semis had the highest transaction volume in the GTA, with an average price of $930,000 and a yearly decline of 10%.
About Creator: Daisy Huang
– Top Realtor in the Greater Toronto Area
– KOL for GTA real estate market
– Diamond Award Winner
– Hall of Fame
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