Toronto-area builders say they are simply running out of low-rise homes to sell. While much of the focus in the country’s largest housing market has been on existing home sales, which saw a 16.2 per cent year-over-year increase in prices in April, new home values continue to show no sign of slowing down. This […]
GTA new single family homes
New Detached Toronto Home Is Over $1 Million In Average Price
The average price of new detached homes in the Greater Toronto Area (GTA) has surpassed $1 million for the first time, says a Building Industry and Land Development Association (BILD) report. According to Altus Group data, as of March 31 the average price of new detached homes available for sale in the GTA was $1,045,659. […]
