The May 2024 Toronto Market Report reveals varied performance across different housing types. Detached homes saw a decrease in their average selling price by 4.5% compared to May 2023, indicating a cooling trend in this segment. Semi-detached homes experienced a modest increase of 1.3%, suggesting stable demand for these properties. Townhouses and condos both saw declines, with decreases of 2.2% and 2.3% respectively, possibly reflecting shifts in market demand or supply dynamics. Properties spent an average of 29 days on the market, highlighting a moderately active market. This variation across housing types underscores the complexity and dynamism of Toronto’s real estate landscape