Prices for
houses and apartments in Toronto continue to rise. This was shown by a survey of one of the largest real estate brokerage firms, Royal LePage.
Houses, duplexes and townhouses have risen in price by 3 percent in total (average price - $ 859,489), and the average price of a condominium has increased by 9.3% in a year percent (552,835). In Scarborough, Toronto's east home prices fell 2.1 percent, with a house averaging $652,212. Farther east, houses also become cheaper. In Whitby it was 5.5 percent, in Oshawa it was 4.9 percent, exactly 4 percent in Pickering, and 3.9 percent in Ajax. And to the west, the situation is about the same: in Oakville, real estate fell by 5.3 percent, in Milton - by 3.8, in Brampton - by 1.9, and even in Mississauga - by 0.1.
At the same time, prices for houses and apartments in the cities surrounding Toronto fell. In Richmond Hill, homes cost 12.8 percent less in the second quarter of 2018 than in the same period last year. The median price of a family home in this city north of the capital city of Ontario today is $1,1132,722. The decline in property prices in Markham was 8.8 percent (average home costs $1,004,095) and Vaughn was 6 percent ($1,011,913).
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