New detached home prices dip in September, as condos continue to climb - News Summed Up

New detached home prices dip in September, as condos continue to climb


Eighty per cent of the new homes sold in the region this year were condos. The average price of a condo was $661,188 last month, up slightly from the August average of $644,327 and 36 per cent higher than last September. The average price per square foot was $789 and the average unit was 838 sq. Across the category, low-rise home prices saw a slight dip from about $1.2 million from about $1.3 million in August. Of the 352 pre-construction, low-rise homes sold across the region in September, only seven were in the City of Toronto.


Source: thestar October 27, 2017 18:11 UTC



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