As the third quarter of 2023 came to a close, the Greater Toronto Area experienced notable price increases across all home types, culminating in an aggregate average home price of $1,119,428. This marked a monthly uptick of $36,932, marking the first such increase in the third quarter. While prices have maintained their resilience since the beginning of the year, a shift has emerged in the housing market: the resurgence of properties available for sale.
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Johnston & Daniel Division, Royal LePage Real Estate Services Ltd., Brokerage