Alba condos . House prices in the small town of Toronto have quadrupled in 10 years
Alba condos . House prices in the small town of Toronto have quadrupled in 10 years. The Toronto real estate board released the latest data on house prices in most areas in June and tracked average home prices in most district markets over the past decade.Please Visit: Alba condos to Get Your VVIP Registration Today!
Adjala-Tosorontio, a small town in the Simcoe area, topped the list with an increase of 312.8%, quadrupling in 10 years.
According to the Toronto Real Estate Board (TRREB) data for most regions in June, the average price of houses and apartments is still near all-time highs.
TRREB tracked the average selling price of all types of homes on the GTA market, which was $1075636 in June. In June last year, the average price was only $891167, an increase of 20.7% in 12 months.
In 2011, the average price of a GTA house and apartment was just $465412.
Graph showing average real estate price growth in Toronto, Peel Region, York Region, Halton Region, Durham Region and parts of Dufferin and SImcoe Counties between 2011 and 2021 to date as of June.
The picture above shows the average house price increase in each region from 2011 to June 2021, with the largest increase in Durham district, which is as high as 183.8%, and the highest price in York district, with an average price of $125 0264.
The house price in Adjala-Tosorontio, a small town in the Simcoe area, has more than quadrupled from $363000 a decade ago to $1.5 million now, an increase of 312.8%.
Two small towns in York increased by more than 200%, with East Gwillimbury up 251.4% and Georgina town up 208.8%.