Toronto Average Home Prices January 2013
Toronto average home prices were up in January with Toronto semi-detached homes rising 12.5 per cent in the 416 area.
Detached homes in Toronto increased as well to an average price of $765,049, up 2.7 per cent.
Even Townhomes were up 1.8 per cent to an average price of $418,262.
The average selling price for Toronto Condos was $340,295 dropping 1.3 per cent.
That being said, the Toronto real Estate Board is expecting the annual price growth for Toronto homes will be in the three to five per cent range for 2013.
The average resale price for Toronto Condos was $340,295 down 1.3 per cent but some areas like C08 in the Toronto downtown area did post positive gains.
Iris Li, RE/Max Toronto Realtor specializes in Toronto Condos both new and resale.
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