According to current reports from the Canada Mortgage and Housing Corporation, the average selling price for homes listed on MLS in the Greater Toronto Area has consistently risen since 1995. To this date for the year 2007, the average is $371,000.

And what’s predicted for next year? Another rise in the average price again, of course, to about $388,000.

This entry was posted on Sunday, December 16th, 2007 at 8:05 am and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.