If you’re in the market for a new Condo, but don’t want to stay far from the Subway line, Toronto Star has created a map that indicates the average price of condos near the TTC Subways stations. The map shows the average price per square foot you get to purchase a Condo in Toronto. […]
What an average priced Toronto house looked like in March, 2017
The average price for a detached house in Toronto is $1,561,780, at least according to the latest Toronto Real Estate Board’s latest report. For that much money, you should be able to get a whole lot of house, right? Not always. While you won’t be able to buy a mansion for $1.5 million, you […]
Gap continues to widen between low-rise, high-rise home rates, availability
The gap between the average costs of newly created low-rise and high-rise residences in the GTA got wider again in January, 2017. A new single-detached home now costs twice as much as a stacked townhouse or condominium: $1,026, 395 to $507,551. The single-detached price is up 25 per cent compared to a year ago; the […]
Lack of homes to drive Toronto prices in 2017
A lack of homes for sale should be able to drive Toronto’s sizzling housing market to another time of double-digit price increases, the city’s Toronto real estate board told Tuesday. The Toronto Real Estate Board said the average price for all types of housing is forecast to rise to about $825,000 — up from $730,472 […]
Surging sale of $1 million-plus Toronto homes producing calls for new measures
Sales of single-family detached homes obtaining prices of at the least$ 1-million have almost doubled in 2017 in the Greater Toronto Area, as economists raise the possibility of a real estate bubble. The GTA recorded 2,876 sale of detached properties of $ 1-million or more in January and February, 2017, compared with 1,548 in […]