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how much is a house in toronto

The data is in folks. Finding an affordable starter home in a large Ontario city isn't hard. It's almost impossible.

According to Point2, a Canadian real estate company, Kawartha Lakes is the only larger city where more than 1% of all homes for sale are less than $200,000.

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Well, it seems like the real estate market in GTA can actually get bleaker because the average house price increased by nearly 28% compared to last year.

The Toronto Regional Real Estate Board released its market watch for February and revealed the average selling price for homes in the GTA rose to $1,334,544. This is $289,587 more than the average home price in February 2021, which was $1,044,957.

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