Latest in Mortgage News: Toronto Home Prices Set July Record

By External Author |

The rebound for Toronto home prices continued in July, with the average selling price reaching a record $943,710.

That’s a 16.9% increase compared to a year earlier, according to the Toronto Regional Real Estate Board (TRREB). Home sales in the Greater Toronto Area were up 29.5% in July compared to a year earlier, and up 49.5% vs. June 2020.

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Original Article Source Credits: CANADIAN MORTGAGE TRENDS ,

Article Written By: Steve Huebl

Original Article Posted on: August 7, 2020

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