House near Toronto that sold 4 times in 3 years shows how much prices have changed Ontario RealEstate
A freehold townhouse in Brampton that's been sold four times over the past three years shows just how much home prices have changed since 2019 in the GTA.Just two years later, in September 2021, the townhouse was sold for $1,105,000.
The 4-bathroom house was then sold for $1,260,000 in December 2021, before finally being sold for $919,000 this past month. Similar to many other houses in the GTA, the townhouse's price has varied dramatically over the course of the past few years. In fact, the house has roughly varied up to $500,000 in price from 2019 to 2022., with volume of home sales down by a third compared to last year, and house prices down by almost 10 per cent., the average price of a house in the GTA was $1,159,763 in October 2021. Just one year later, the average price had declined down to $1,098,502, representing a 5 per cent change.
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