Sentences with phrase «price of a detached home»

Vancouver home sales jumped 35 per cent from a year ago and the average price of a detached home has climbed to $ C1.6 million.

In June 2015, Toronto's housing prices made headlines when the average price of a detached home passed the $ 1 - million mark.

The average price of a detached home in the City of Toronto hit $ 1,573,622, 29.8 per cent higher than a year ago.

The average price of a detached home in Richmond Hill reached $ 1,092,964 in February 2015 and had increased each month since, reaching $ 1,178,008 in July 2015.

It surely annoyed the Toronto Real Estate Board, which on March 3 reported that the average selling price of a detached home in the Greater Toronto Area was $ 1.2 million in February, a 32.5 per cent increase from a year earlier.

The mean housing unit price of a detached home is $ 438,000 and the mean price of a townhome is $ 353,000.

With the average price of a detached home over $ 1 million in Toronto and Vancouver, it's more important than ever to set yourself realistic home - buying expectations to avoid disappointment.

The average price of a detached home in Toronto is now $ 1.2 million.

It is a town where, according to the Toronto Real Estate Board, the average price of a detached home was $ 518,705 in April of last year.

Sales of detached homes rose by 37 % year over year and the average price of a detached home in Vancouver has also risen 37 % to $ 1.3 million.

That was not a typo — the price of a detached home in Vancouver is now nearly twice that of Greater Toronto ($ 968k), and multiples higher than Calgary ($ 540k) or Montreal ($ 343k).

Canada's condo boom continues to surprise, with groundbreaking in Toronto still going strong even as prices of detached homes in Canada's largest city slump, but recent rate hikes and rent controls are likely to cool condo prices by 2018.

Existing home prices continue to grow in the city with the average price of a detached home up 20.7 per cent in July from a year ago to more than $ 1.2 million.

It is a town where, according to the Toronto Real Estate Board, the average price of a detached home was $ 518,705 in April of last year.

New statistics from the Toronto Real Estate Board released Wednesday show the average price of a detached home in the city reached $ 1,040,018 in February, the first time prices have crossed over the seven - figure threshold in any housing category.

Our real - estate market has seen consistent increases in the cost of housing, with the average price of a detached home in Toronto increasing by over 32 per cent this past November from the same month last year, according to the Toronto Real Estate Board.

Today, on a year - to - date basis, the price of a detached home has averaged $ 553,029, an increase of 24.7 percent compared to 2016.

«Our local residential real estate market continues to show solid price growth and unit sales,» says Craig who points out that year - over-year price appreciation peaked in April of this year when the average price of a detached home increased 40 percent to $ 594,108.

Not exact matches

In the span of a few days this week and last, several big - bank CEOs and chief economists let loose a flurry of warnings about surging home prices in Vancouver and Toronto, where it now costs an average of $ 1.5 million and $ 1.3 million, respectively, to buy a detached house.

For example, the average price of a two - storey home increased 5.4 per cent to $ 428,943 in the quarter, while detached bungalows rose 4.4 per cent year - over-year to $ 380,765.

For this reason, it is anticipated that the most affordable home types — such as condos — will lead the 2018 market in terms of demand and price growth, as they did for the latter half of 2017, leading to further softening of the detached market.

Jason Mercer, the board's senior manager of market analysis, said the rise in prices was in large part a result of inadequate supply of detached and semi-detached homes in many parts of the GTA, particularly in the city of Toronto.

The average benchmark selling price of a single - family detached home in the Greater Vancouver Area rose 11 per cent to $ 1.49 million.

With a mixture of 2 - storey detached properties from as early as the 1950's, and new build homes from the last 5 years, prices in East Guelph come in at an average of 10 - 15 % less than the city - wide average.

In the last 25 years, the average resale price of single family home in Toronto rose by 4 times, detached house in Vancouver rose by 5 times, while the TSX total return index rose by 13 times.

A drop in the price of single detached homes in Toronto has led to a partial recovery of housing affordability across Canada, but prices are likely to re-accelerate after spring, according to a report by Royal Bank of Canada.

Renting out a portion of your home has become more common in major cities like Vancouver, where the average house price is above $ 700,000 and many people can not afford a single detached home on their own.

Realtor Royal LePage is reporting today that average housing prices increased between 2 and 4 % per cent in Q4 of 2012 compared with the year before, although prices declined in all three tracked categories of home (detached bungalows, standard two - storey and standard condominiums.)

For that Toronto realtor who sold a detached home in June 2015 at the average price of $ 1,051,912, this means a commission of just under $ 26,300.

For instance, you could actually get up to 17 % discount on the purchase price of an Oakville condo in a good school district, while a detached home in good Markham school districts could sell, on average, for a 6 % discount.

With an average detached home price of $ 600,000 and a townhome price of $ 425,000, it's understandable why the vast majority of the population rents their home.

Over a decade ago there were predictions of falling home prices, as Boomers abandoned their single family detached homes and downsized.

So, to get a handle on the real cost of maintaining a home, I decided to price out all of the major maintenance and repairs you can expect to perform on a typical 2,000 - square - foot detached house in Canada myself.

Of course, there has been an imbalance between the new supply of condos and detached homes, but that would explain why relative home prices would shift, not why the whole structure of prices would ratchet higher,» write Porter and KavciOf course, there has been an imbalance between the new supply of condos and detached homes, but that would explain why relative home prices would shift, not why the whole structure of prices would ratchet higher,» write Porter and Kavciof condos and detached homes, but that would explain why relative home prices would shift, not why the whole structure of prices would ratchet higher,» write Porter and Kavciof prices would ratchet higher,» write Porter and Kavcic.

«The composition of [the housing supply] is playing an increasing role in driving detached - home price gains.

But for now, Montreal stands out as a bargain, with the price of a single - detached home averaging just under $ 360,000 — one of the lowest average prices for any major Canadian city.

The average price of a new, single - detached home in Kitchener - Waterloo is now just over $ 460,000.

While prices have surged, the number of luxury detached homes sold fell nearly 70 per cent year - over-year in the first four months of 2018, while luxury condo sales dropped about 28.1 per cent compared to the first four months of 2017.

This lack of supply means increased housing prices across the board, but particularly for single - family detached homes.

He predicts, for instance, that there are already people working on creating data - models that would help investors predict the future appreciation of certain rental neighbourhoods, rental cash - flow estimates, the impact of school zones on home prices, as well as the exact market cycles of detached and semi-detached homes in specific neighbourhoods.

The board says high - priced detached homes accounted for a smaller share of sales than in September 2016 and that the average price for that market segment was flat.

As of September last year, the national average price of a two - storey single family detached home increased by 9 %, year - over-year, while the national average price of a bungalow rose by 6.5 % in the same time period.

In the Greater Toronto Area the median price of a luxury detached home remained relatively flat, down about 0.2 per cent at $ 3,522,117, while the median price of a luxury condo rose more than 10 per cent to $ 1,710,365.

Part of the reason is that the community offers quaint, two to four - bedroom detached homes at reasonable prices.

That's a bargain given that at current prices it takes a combined annual salary of $ 248,000 to afford a detached home in downtown Toronto.

While both areas are cheaper relative to some of the surrounding areas, prices in River Heights cost almost 20 % more than a single family detached home in the city.

Price levels for detached bungalows and standard two - storey homes are moderately higher in the second quarter of 2010 compared to last year, but average prices for standard condominiums have dropped slightly over the same period.

Detached bungalows, standard two - storey homes, and standard condominiums in Winnipeg all saw price gains this quarter as compared to the second quarter of 2009.

Prices for detached bungalows and standard two - storey homes in Edmonton increased modestly over second quarter levels of 2009, while standard condominium prices have drPrices for detached bungalows and standard two - storey homes in Edmonton increased modestly over second quarter levels of 2009, while standard condominium prices have drprices have dropped.

You may have to consider condos and townhouses, instead of fully detached home which tend to run higher in price.