The rise in sales came as the average price was $955,615, up from $843,307 a year earlier.
Board president Lisa Patel says home buyers continued to take advantage of very low borrowing costs in November, especially those looking to buy some form of single-family home. Meanwhile, the board says buyers continued to benefit from much more choice in the condominium apartment market compared with last year.
It says more options in that market translated into a small year-over-year decline in the average condominium apartment selling price in the 416 area code.A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy
Source: Real Estate Daily Report (realestatedailyreport.net)
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