Toronto Home and Condo sales increased a record 23.5% as Toronto Home buyers and investors continue to find our Real Estate here in Toronto still affordable compared to other large cities.
Compared to August 2015, the Toronto Real Estate Board reported 9,813 Home sales of all types.
The average selling price for all these Home types was $710,410, up 17.7% per cent from the same time last year.
Population growth, favourable job opportunities and low interest rates are all contributing to the strong growth in Toronto Real Estate going forward this year.
Toronto Home Sales/Average Prices August, 2016 (City of Toronto)
Toronto Detached Home-$1,206,637 up 18.3%
Toronto Semi-Detached-$744,700 up 16.4%
Toronto Townhouse-$614,638 up 16.9%
Toronto Condos-$446,612 up 9.8%
Iris Li, Toronto Condos Realtor, specializes in Toronto Harbourfront Condos for sale/rent both new and resale.
Let us help you find that new luxury Toronto Condominium,or Toronto dream Home.
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