Toronto Detached Home Average Price Up 11.6%
The average price of a Toronto Home (all types) increased by 14.1 per cent to $631,092 in the Greater Toronto Area for the month of January 2016.
In the City of Toronto the average price for a single-detached Home was $1,061,789, increasing 11.6 per cent year-over-year.
Active Toronto MLS listings were down -14.1% compared to last year but Home and Condo sales increased by 8.2% resulting in continued competition and higher prices for Toronto Home buyers.
The average resale price for Toronto downtown Condos was $416,104, up 8.6 per cent.
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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Updated & Revised February 2016!