Toronto’s housing market is heating up, with resales climbing for the first time in five months as “fierce” competition for houses in the suburbs pushes prices higher.
By RACHELLE YOUNGLAI
TORONTO REAL ESTATE BOARD SAYS HOME PRICES HIT RECORD IN 2020 AS SALES CLIMBED
TORONTO - The Toronto Real Estate Board says the average price of a home sold last year hit a new record as the number of sales climbed 8.4 per cent compared with 2019.By The Canadian Press
TORONTO AREA HOME PRICES SET A NEW RECORD IN 2020 AS THEY SOAR BY 13.5%
Despite the pandemic’s punch to the region’s economy in 2020, the average selling price of a home in the Toronto area hit a record high last year of $929,699.By TESS KALINOWSKI
DECEMBER CAPS OFF 2020 AS THIRD BEST YEAR ON RECORD FOR GTA HOME SALES
Despite the abrupt drop-off in housing demand this past spring due to COVID-19, real estate activity soared to record-breaking levels throughout the summer and fall to cap off
By AINSLEY SMITH
