As housing prices continue to climb it’s interesting to look back and see how far the prices have risen in the past ten years.
In the last month, the average housing price in the GTA was $1,075,636, in June 2020 it was $891,167 and in 2011 it was $465,412, according to the Toronto Regional Real Estate Board (TRREB).
What’s the most interesting about the data is that Toronto isn’t the hottest housing market in the area. York Region is both the most expensive and fastest-growing in the last decade. In 2011, housing in the area was on average $540,00 and now it’s up to $1.2 million.
Halton kept more in line with Ontario’s capital throughout the years, but in the last year, it’s shot up closer to York Region in that $1.2 million range. The most affordable homes in the area are in the, small by comparison, Dufferin County/Orangeville which sits to the North of the Caledon/Brampton area.
Image Source: Brampton Guardian
Source: Brampton Guardian