August the month we all wait for as it brings the Hot Winds and Bright Sunlight of Summer here in Toronto and, and for the second consecutive month, total homes sales were up year over year.
The largest portion of overall GTA sales comes from low-rise housing. The surprise increase +308% was in Townhomes!
TREB announced the July 2018 numbers, and the Average Sales Price of all homes sold across the GTA was $782,129.
The Average Sales Price for a Detached Home in the 416, or ‘the six’ or Toronto was $1,350,700 slightly down from $1,354,429 in June, and , ame in at $1,354,429 for a Detached Home down from May which was $1,426,094. That’s a monthly difference of over $130,000! Talk about Appreciation!
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