Toronto Real Estate Monthly Stats Show Active Listings Down 31.4%

TORONTOcityhallnightJuly 17, 2016- TREB’s June 2016 Market Watch Report shows the average sale price of detached homes is up 19.9% and condo apartment prices are up 7.7% from this time last year. The average price of a detached home in the 416 area is now $1,259,486 and a 416 condo is $448,000. Even with the uncertainty surrounding the US election, and the fallout from Brexit, the interest in Toronto real estate has remained super strong. For real estate advice, visit Andrea Stark, Sales Representative, Royal LePage RES Ltd./ J&D Division, Brokerage 416-489-2121

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