The Goldman Team

Sales Growth Continues in September: Price of Detached Homes Up 23% in Toronto

07 October 2016
Cathy Goldman

In Toronto, strong sales growth continued across all major home types. As we’ve stated in the past, much of the upward trend is due to a contraction in available inventory. The average price of a detached home in Toronto is $1,294,482; an increase of 23% year-over-year. Semi-detached homes averaged $887,916; an increase of 20% year-over-year. Townhomes and condos averaged $655,466 and $446,294, respectively; increases of 24% and 6.5%, respectively.