Festival condos floor plan.House prices in Toronto fell 11.5% in August! In August 2022, the average price of a house in Toronto is C $1.02 million.Please Visit: Festival condos floor plan to Get Your VVIP Registration Today!
This is down 11.5 per cent, or C $133075, from July 2022, but an increase of 0.2 per cent, or C $2520, from August 2021.
On average, 1833 homes were sold in Toronto after an average of 20 days on the market, while 1539 active homes were listed at the end of August, according to TorontoStar News. Compared with a year ago, sales fell by 43.9%, while active housing increased by 24.9%.
The average price of a detached house is currently C $1.52 million, down 12.7% from a month earlier, or C $221249, down 7.2% from a year earlier, or C $117886. After an average of 16 days on the market, 477 independent homes were sold and 1539 were actively listed at the end of the month.
The average price of a twin house was C $1.27 million, down 5.6 per cent from a month earlier, or C $74748, but up 5.2 per cent, or C $62816, from a year earlier. After an average of 17 days on the market, 177 semi-detached homes were sold and 345 were actively listed at the end of the month.
The average price of a townhouse is C $1.22 million, down 4.8 per cent from a month earlier, or C $60873, but up 3.6 per cent, or C $42498, from a year earlier. After an average of 18 days on the market, 61 ancillary houses were sold and 138 were actively listed at the end of the month.
The average price of a townhouse is C $853065, down 6.2 per cent from a month earlier, or C $56220, but up 7.7 per cent, or C $61148, from a year earlier. After an average of 21 days on the market, a total of 139 townhouse apartments were sold, and 415 were actively listed at the end of the month.
The average price of an apartment is C $744092, down 3.5% from a month earlier, or C $27175, but up 3.9% from a year earlier, or C $28115. After an average of 22 days on the market, a total of 963 apartments were sold, with 3382 actively listed at the end of the month.
Compared with August 2012, the average selling price of all independent houses and apartments in Toronto has increased by 103.4%. Of this total, detached houses rose by C $763332, twin houses by C $741651, townhouses by C $632656, townhouses by C $506378 and apartments by C $396096.