April 2016 Toronto Real Estate Market figures are out. Click on your neighbourhood of interest for a detailed summary: Toronto | Downtown | East Toronto | West Toronto | Midtown | The Beach(es)
As always, I’m happy to answer any specific questions you may have about your neighbourhood. Call me anytime at 416-690-2181
The overall Toronto market saw an increase of 11 percent in average sales price year over year. The average price of a home in Toronto for the month of April was $766,472.
The downtown Toronto Condo market saw a price increase of 9.9 percent year-over-year, which average prices sitting at $565,478 for the month of April.
East Toronto prices were up 8.1 percent, the number of homes sold increased year-over-year while the number of new listings decreased over the same period last year.
Midtown average prices increased 8.5 percent year-over-year.
West Toronto saw a price increase of 5.1 percent year-over-year, while sales volumes increased and new listings went down by a few hundred.
The average sales price in the Beaches was up by 10.6 percent year-over-year.