Andrew Francis Wallace / Toronto Star ) Order this photo At the start of this year, TREB had been predicting an annual 10- to 16-per-cent price growth — between $800,000 and $850,000. At the start of this year, TREB had been predicting an annual 10- to 16-per-cent price growth — between $800,000 and $850,000. The new forecast puts the average price between $825,000 and $860,000, in part because of strong gains in the first four months of the year. “On the other hand, we have existing homeowners who are listing their home because they feel price growth may have peaked. The end result has been a better supplied market and a moderating annual pace of price growth,” said Syrianos.

Source: thestar July 06, 2017 12:22 UTC