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TREB: GTA prices still being boosted by a hodgepodge of factors

Posted by Ria Bharti on 04:34 PM

Source:  Ephraim Vecina , Canadian Real Estate Wealth

The average home price in the Greater Toronto Area increased by approximately 20 per cent year-over-year in December (up to $730,472), and the city’s real estate board attributed this development to the cumulative effects of various economic and demographic realities.
“A relatively strong regional economy, low unemployment and very low borrowing costs kept the demand for ownership housing str...

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