Greater Toronto Area

Upper-End Price Point – $1.5 million

While housing sales in the GTA have slowed considerably from last year’s hectic pace, the topend of the market remains relatively strong. Sales of homes priced in excess of $1,500,000 are off 2007 levels by less than fi ve per cent, with 487 units sold in the fi rst seven months of the year, compared to 505 during the same period in 2007. Leading in terms of sales appreciation are central core neighbourhoods where prices remain well under the $2 million benchmark, such as Ledbury Park, Lytton Park, and John Ross Robertson and Leaside... Read more...