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- As for why, Knight Frank points to a combination of low interest rates combined with easing travel rules, a surge in "safe haven purchases" and "an overall reassessment of lifestyles and commuting patterns."
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Jan 6, 2021 · The average price for homes sold in Canada’s largest city last year hit $930,000, the highest on record and up 13.5 per cent from 2019, the Toronto Regional Real Estate Board said Wednesday in a release.
Mar 1, 2021 · According to the MLS graph, in 2019, the benchmark price of a home in the Greater Toronto Area was just over $763,000 compared to January last year, where the average price was just over $927,000. This means the price has increased by 21% in 12 months.
Jan 6, 2021 · TORONTO — The average price of a Toronto home sold last year hit a new record as the number of sales climbed 8.4 per cent compared with 2019, the Toronto Real Estate Board said.
Feb 29, 2024 · According to Zoocasa, which sourced its real estate data from the Canadian Real Estate Association (CREA), the benchmark home price in Toronto five years ago was $746,500.
Oct 16, 2021 · It's 4.8 per cent more expensive to own a home than in the third quarter of last year, Toronto's aggregate home price rising to $1,110,500. Single-family detached homes increased in median...
Sep 17, 2021 · Across the GTA benchmark home prices are up 17.3 per cent year over year to $1,059,300, the report states. The main factor behind the price increase is a lack of homes on the market.
Mar 4, 2021 · Toronto’s real estate prices have risen even more during one of the largest economic crises in history. The primary reason home prices have been increasing is there has been a surge in demand for mortgages and home purchases.