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 […]

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Real estate board predicts ‘policy ceiling’ will curb Toronto homes prices

TAMSIN MCMAHON – REAL ESTATE REPORTER The Globe and Mail Published Monday, Jan. 18, 2016 9:46AM EST Last updated Monday, Jan. 18, 2016 6:29PM EST New federal mortgage rules are creating a “policy ceiling” that will curb Toronto’s soaring house prices this year, measures that would be partly offset by another Bank of Canada rate […]