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