Friday May the 18th, 2012 

Real Estate Market - Toronto

December 8, 2011

The country's largest housing market continues to post double digit year over year price increases -likely meaning the national average will get a boost when the figure is released by the Canadian Real Estate Association on Dec. 15. The Toronto Real Estate Association says the average price of a detached home in the 416 district climbed past the $750,000 mark. Detached home prices rose 12% from a year ago to $776,017. It's a little cheaper in the suburbs with the average detached home in 905 selling for $540,299, a 10% jump from a year ago. ''We have seen strong annual growth through the 20n fall market. The increase in transactions has been broad-based, with strong growth across low-rise and high-rise home types throughout the Greater Toronto Area," said Richard Silver, president of TREB. Sales across the GTA climbed to 7,092, an increase 


Tagged with: treb toronto real estate investment condos selling buying market little portugal condominiums
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