Average Price of a GTA Home Up More Than $100,000 in a Year

House prices in April were 16.2% higher than in April 2015, according to the Toronto Real Estate Board. The average sale price for Toronto area homes last month was $739,082, more than $100,000 higher than the average of $636,094 in April 2015, reflecting a demand for higher priced properties, said the Toronto Real Estate Board.  (CARLOS […]

2015 Was a Record Year For Housing Sales in Toronto Area: Real Estate Board

BY THE CANADIAN PRESS JANUARY 6, 2016 TORONTO – The Toronto Real Estate Board says that 2015 was a record sales year for its members. The number of sales last year through TREB realtors totalled 101,299 — up 9.2 per cent from 2014. It says the Toronto-area had 4,945 residential sales last month, the second-highest […]

Canadian Housing Market Anticipating steady year in 2016

Daily Brew December 30, 2015 Several experts are predicting a steady year for the overall housing market in Canada in 2016, thanks to low interest rates and especially strong markets in Toronto and Vancouver. The national average sale price is forecast to reach $448,700 in 2016, up 1.4 per cent from 2015, the Canadian Real […]