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For those who can get down payments and mortgages in some way, it is difficult to find cheaper houses.
Of course, one way to find a cheaper house is to expand the area you are looking for. Or, in areas where prices are likely to rise, buy at a cheaper price to get more profit.
Recently, the latest data from the Toronto area Real Estate Board show which parts of the region saw prices rise sharply last month and which are slightly cheaper.
The GTA neighborhoods with the biggest house price increases from May to June are mostly in downtown Toronto:
Attached building / Yangjie. Clair-prices have soared 24% month-on-month and year-on-year, reaching an average of C $212 million.
The average Don Mills/Don Valley West– price rose 20% month-on-month and 15% year-on-year to 1.45 million.
House prices in north York and the north-east, including Bayview Village and Don Valley Village–, rose 15 per cent month-on-month and 8 per cent year-on-year to C $1.1 million.
The average Birchcliffe-Cliffside/Oakridge– price in Scarborough rose 11 per cent month-on-month and 31 per cent year-on-year to C $1.41 million.
Port Perry-average house prices rose 8% month-on-month and 22% year-on-year to C $1.2 million.
Pickering-prices rose an average of 6% month-on-month, up about 9% from a year earlier to C $1.15 million.
Lake West Toronto-prices are up about 6% month-on-month and 1% year-on-year, to an average of C $1.55 million.
The only place in the Greater Toronto area where average prices fell from May to June are:
Prices in the Rosedale/Moore Park– region fell by an astonishing 34% month-on-month and 27% from a year earlier to an average of C $19.9 million.
Bullock, Durham-prices are down 31% month-on-month and 11% year-on-year, to an average of C $729059.
St. Andrews/Bridle Path/York Mills–, one of the most expensive parts of the city, the average price fell 30% month-on-month and 28% year-on-year to C $2.2 million.
West Midtown-House prices fell 27% month-on-month and 5% year-on-year, to an average of C $162 million.
East side of Lake Scarborough-average house prices fell 18% month-on-month and 6% year-on-year to C $992300.
Yitao Bigu Center-prices fell 17% month-on-month and 1% year-on-year to C $949423.
Southwest of Scarborough-average prices fell 15 per cent month-on-month and 8 per cent year-on-year to C $888801.