It could also be the barely disguised frustration of sellers, who listed their homes this spring expecting to attract cut-throat bids from desperate, over-extended purchasers. Instead they are seeing fewer showings and fewer offers. Toronto area home prices dipped about 7 per cent in May, 2017 compared to April, 2017 but remained about […]
Toronto Real Estate House Prices
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 […]
