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Home Toronto Real Estate

Month End October 2014 Homes Sold in Toronto

Zoocasa by Zoocasa
November 10, 2014
in Toronto Real Estate
Reading Time: 1 min read
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Buyers looking for a home in the City of Toronto are still facing intense competition as the average house price creeps up to $633k.  Once again, price increases have been realized for all major home types with semi-detached home prices in the 416 area leading the charge at +14.7%.

Notably, October saw prices of detached homes in the City of Toronto grow to close to the million dollar mark with the average price at $951,746!  The condo market also realized strong growth with prices up 8.2% at an average of $390k.

TREB forecasts strong price growth for the remainder of 2014 and into 2015.

Info-Graphics_TREB_Oct2014-1

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