Toronto housing market posts healthy growth in third quarter
TORONTO, Oct. 10, 2013 /CNW/ - The Royal LePage House Price Survey released today showed strong year-over-year price gains for most housing types surveyed in Toronto, with the exception of standard condominiums, which were almost identical to last year's average prices.
Detached bungalows and standard two-storey homes both saw healthy year-over-year price appreciation in the third quarter, rising 5.0 per cent to $577,563 and 4.1 per cent to $678,016, respectively. Standard condominiums were essentially flat compared to last year, inching up 0.3 per cent to an average price of $355,483.
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