The gap between the average costs of newly created low-rise and high-rise residences in the GTA got wider again in January, 2017. A new single-detached home now costs twice as much as a stacked townhouse or condominium: $1,026, 395 to $507,551. The single-detached price is up 25 per cent compared to a year ago; the […]
Archives for May 2017
Lack of homes to drive Toronto prices in 2017
A lack of homes for sale should be able to drive Toronto’s sizzling housing market to another time of double-digit price increases, the city’s Toronto real estate board told Tuesday. The Toronto Real Estate Board said the average price for all types of housing is forecast to rise to about $825,000 — up from $730,472 […]