The Toronto Real Estate Board (TREB) has declared the rollicking real estate ride of the last two years to be officially at an end. Its annual outlook predicts only a slight increase, at best, this year over last year’s average home price of $822,681. Prices are expected to end the year in the range of $800,000 and $850,000 on average across all home types. The 92,394 re-sale home transactions last year was down 18 per cent compared to 2016. This year, the board expects 85,000 to 95,000 sales across all categories, from detached houses to condo apartments.

Source: thestar January 30, 2018 12:00 UTC