Toronto home prices are awfully high, and getting higher. This past April, for example, prices were up 10% year-over-year.
Detached home sales saw a 17 per cent spike across the GTA, with sales gains stronger (18.2 per cent) in the 905 regions than the City of Toronto (up 13.8 per cent.) The average price of a detached remained above $1 million in the 416 region, up 9.2 per cent year over year in April to $1,056,114. The average detached price was up 13.1 per cent in the 905 regions to $729,961.
Sales of semi-detached homes climbed by almost 15 per cent across the GTA and prices hit a new high of $727,875 (up 3.