It now costs an average of $1 million to buy a new detached house in the GTA. As of March 31, the average price of a new detached home available for sale in the GTA was $1,045,659.
Why is this happening? It’s primarily because there aren’t enough low-rise homes out there to satisfy demand.
We’ve all seen the recent signs of demand outpacing supply; lineups in the winter to get into new homes sales centres, and bidding wars and bully offers on resale homes....Read more...
The FIELDING TEAM
Your #1 Source For Real Estate!
For all your real estate needs, call The Fielding Team at 905-842-7000 or visit our website at: http://www.thefieldingteam.com/
REAL EXPERIENCE, REAL COMMITMENT, REAL ESTATE