The average sale price of a single-detached home in Toronto went over the $1 Million mark.
Home prices were up for all single-family Homes across the 416 area of Toronto in the first two weeks of April.
Low borrowing rates and a Toronto Real Estate Market with more Home buyers than listings is helping to keep prices higher.
The average resale price for all Toronto Home types was driven by single-detached, semi-detached and town homes in the City of Toronto. This year the Toronto Real Estate Board reported more high-end Homes were sold than in the same period last year.
The average selling price for Toronto resale Homes was $583,697, up 11 per cent year-over-year.
- Toronto detached Home average price $1,012,172-up19.2%
- Toronto semi-detached Home average price $697,580-up15.8%
- Toronto townhouse average price $486.445-up 19.3%
- Toronto Condo average price $388,874-up 0.2%
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