Which Toronto properties have seen an average price increase in October?
Sunday Nov 05th, 2017
Toronto area home sales rebounded by 12 per cent from September to October, pointing to a stronger fall market.
The Toronto Real Estate Board said Thursday that 7,118 homes were sold in October, up from the month before but down 27 per cent from the same month last year.
The average selling price in October was $780,104, up less than one per cent from September but up 2.3 per cent compared with October 2016.
Price growth was driven by appreciation in the townhouse and condo segments.
The average price of a townhouse in the GTA was up 7.4 per cent at $629,507, while the average condo price was $523,041 up 22 per cent year-over-year, the most of any housing type.