In August, Toronto Real Estate Board (TREB) MLS recorded 7,998 sales in Greater Toronto Area (GTA) real estate market. This represented a 5.7% increase from August 2014. The average selling price was $602,607, grew more than 10% from $546,482 a year ago.
- The average selling prices of a detached house were $1,017,652 and $733,577 in "416" and "905" areas, respectively.
- Sales of all home types grew year-over-year. Detached, semi-detached and condos in "905" area contributed most of the growth.
- Although there were more new listings this August. the active listing was still 10.5% less than last year level.
- 獨立屋平均售價：416區＝＄101萬8 ; 905區＝＄74萬4。
"A record year for home sales continued to unfold in August as competition between buyers extend upward pressure on selling prices..." said TREB's Jason Mercer.