The Average Cost Of A Home In The 905 Is Now More Expensive Than Toronto

Prices have jumped a ton since this time last year. 😬 📈

The cost of real estate is rising in the GTA — so much so that it's outpacing the average prices of Toronto's homes for sale, according to a recent report.

The Toronto Regional Real Estate Board said that in March 2021, average real estate prices were more expensive in the 905 than in Toronto.

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According to TRREB, the average GTA home cost $1,104,509 last month, up from $856,981 from the same time in March 2020.

But in the City of Toronto, the average home only cost $1,083,322, up from $989,175 in March of last year.

The TRREB's full report says that March's most expensive regions on average were Aurora (with an average home price of $1,297,003) and Markham ($1,287,951), quite a bit more expensive than Toronto's average home price.

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The Average Cost Of A Home In The 905 Is Now More Expensive Than Toronto

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