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January 2017 GTA Housing Report
January 2018 stats are in and GTA buyer activity has slowed dramatically. When comparing January 2017 to last month, sales dropped 22%. This should come as no surprise as the market was in a housing spike last year. January was also the weakest month of sales since 2009.
- 4,019 homes were sold in the GTA
- $1,280,000 was the average price of a fully-detached house in Toronto
- $736,783 was the average price of a GTA home
- $543,279 was the average price of a condo in Toronto
A great report can be found on RBC's website: