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  7. Want a detached house in Toronto? You need $1.29M, according to latest numbers

Want a detached house in Toronto? You need $1.29M, according to latest numbers

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05 Oct 2016 11:31 #323194 by chairman
Housing prices in the Toronto area continue to soar, with the average price in September rising 20.4 per cent to $755,755.

The number of sales also jumped 21.5 per cent, according to figures released this morning by the Toronto Real Estate Board.

It says there was strong sales growth for all major home types but a lack of supply limited growth in the City of Toronto itself.

Adjusting for price differences between types of housing, a benchmark price index was up 18 per cent from September 2015.


The average sale price for detached houses in Toronto proper rose to $1.29 million, up 23 per cent from a year earlier. The comparable price for detached houses in surrounding areas was $928,414, up 26.6 per cent.

By contrast, prices for condos in Toronto proper grew only 6.5 per cent to $446,729. Condo prices in other parts of the Greater Toronto Area were up 19.4 per cent to $367,260.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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05 Oct 2016 11:35 #323196 by mapoui
I will win dat on Friday and saturday nights...buy my house next week :-[ :-[ :-[ :-[

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05 Oct 2016 11:39 #323198 by chairman
you already have enough
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05 Oct 2016 11:43 #323201 by mapoui
my real name is Moore!  ::LOL:: ::LOL:: ::LOL:: ::LOL:: ::LOL::

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05 Oct 2016 11:46 #323204 by chairman
want moore?
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  7. Want a detached house in Toronto? You need $1.29M, according to latest numbers
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