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On May 6, 2014. I was asked to comment on the average home prices in Toronto. It’s important to understand that the figures in this report are slightly skewed. $965k for a Detached home in the 416 in April 2014. This is a small sample size of the whole GTA, and not all sales to date this year. Supply for Detached homes was actually down 14% in Toronto (416) than this time last year….meaning less homes, more competition. There are still detached homes available for MUCH less in the city.

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