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Last week, the Huffington Post looked at rising Toronto property values in a unique way…
They concluded that the value of detached houses in Toronto was increasing by $550 per day.
Which of course led to us doing that same math by neighbourhood…and by type of property (Q1 2016 vs Q1 2015).
So if you’ve ever wondered how much money you ‘make’ every day as a Toronto homeowner (or worse, how much it costs you to wait every day as a prospective Buyer)…..we’ve crunched the numbers for you.
Keep in mind that the sample sizes aren’t huge, so a few particularly large or small sales can throw the numbers off. But still. It’s a fascinating chart!
Central Toronto Daily Price Increases
West Toronto Daily Price Increases
East Toronto Daily Price Increases
- E3 townhouse owners: the stats only represent 2 sales in 2015 and 2 in 2016, so don’t panic.