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In July, the average selling price of a detached home in Toronto was $1.55 mi...

2026-08-11 118

In July, the average selling price of a detached home in Toronto was $1.55 million, representing a 1.6% year-over-year decrease and a 6.1% decrease compared to the previous month.

The average selling prices of townhouses and condominiums were $760k and $670k, respectively. Townhouse prices declined by 7.8% year-over-year, while condominium prices declined by 1.7% year-over-year.

Sales of both detached and semi-detached homes declined slightly compared to June. Sales ratios for various property types all remained above 35%, with semi-detached homes reaching 71%.

#baystreetgroup #realestate #GTA #newhome #sales

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