Kindred condos . Wanjin rose by 100000, with an average increase of more than 160000 in dense cities. According to the monthly report released by the Toronto area Real Estate Bureau (TRREB), home sales in the GTA area again exceeded 10,000 units in September.Please Visit: Kindred condos to Get Your VVIP Registration Today!
A total of 11083 properties were sold, an increase of 42.3% over the same period last year, and the prices of various types of houses rose to $960, 772, a net increase of nearly 120000, or 14%, in a year.
In the three major areas inhabited by Chinese, Wanjin rose by more than 100,000, and both Richmond City and Mi City rose by more than 160000.
Among all types of houses, detached houses were the most popular, with sales up 54.7 per cent year-on-year, higher than 53 per cent of semi-detached houses, 46.9 per cent of town houses and 14.6 per cent of condo.
Judging from the two major districts 416 and 905, the increase in the transaction volume of independent houses in area 416 is not as large as that in area 905, which is more than 63%.
According to the monthly report of the Real Estate Bureau, prices of detached houses in the GTA area have been above million for five consecutive months since they began to sell for more than one million in May. Not only is the average price of a detached house close to 1.5 million in Toronto, but semi-detached houses have also passed the million mark, reaching $1145559.
Due to the impact of the epidemic, the average price of independent houses in 905 area was less than one million in March, April and May this year for three months in a row. But since June, area 905 has also passed the million mark, rising from $942 in May to $668 in May to $1, 027, 634. It remained above 1 million in July, August and September, and has been above 1 million for 4 consecutive months.
According to TRREB’s historical data, the average price of a GTA detached house was more than 1 million in the first two months of this year, with an average price of $1 million in January and $1113918 in February. Looking back at 2019, the price of detached homes has continued its upward trend from October to December since it returned to millions in September:
In other words, from September last year to February this year, the price of independent houses in GTA remained above 1 million for six consecutive months, but it fell below 1 million in March and April this year, and returned to more than 1 million in May. At present, detached houses have remained above 1 million for 5 consecutive months.