The Goldman Team

The Goldman Report 2016: Toronto Real Estate’s Record Year in Charts

09 January 2017
Cathy Goldman

2016 was the second consecutive record year for home sales according to data compiled by the Toronto Real Estate Board. 2016 Highlights: • $1,240,877 – average price of detached home • $847,091 – average price of semi-detached home • $622,969 – average price of townhouse • $442,669 – average price of condominium apartment • Condominiums exhibited the strongest sales volume growth at 16% compared to 2015


December 2016 Caps Off a Record Year for Toronto Real Estate

09 January 2017
Cathy Goldman

December did not disappoint! Capping off a record 2016, TREB reported double-digit price growth across all major property types, with the exception of semi-detached properties. Detached homes and townhouses led the group with average price increases, year-over-year, of 24%. Condos reported an average price increase of 17% and townhouses 9%, year-over-year.