Month: October 2012

YES-Toronto Home Prices Still Rising- But Fewer Sales as Fewer Can Buy

October 4th, 2012-The new issue of Market Watch from the Toronto Real Estate Board shows that average home prices in Toronto are up over 8.5% from this time last year. The median sale price of detached houses in C04 is up 13.5% and 28.1% in C02! Though sales are down 21%. All categories of homes showed an increase in value, however low rise properties did betterĀ than high rise condominiums. All indicators point to Toronto maintaining it’s high real estate values. Read the full details for yourself!