Toronto – GTA real Real Estate Market Highlights-October 2023 – The Greater Toronto Area (GTA) witnessed a 3% year-over-year surge in the average home selling price.

Freehold townhouses followed suit, with a 5.3% year-over-year price rise, reaching an average of $1.04M.

Semi-detached homes also experienced a significant 4.9% year-over-year price growth, averaging at $1.09M.

Detached homes saw an impressive year-over-year price increase of 5.2%, with the average price hitting $1.44M.

In contrast, the average price of condo apartments decreased by 3.3% year-over-year, settling at $707k.

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