Understanding the value of your home is crucial in determining if it is time to sell your home. Even if you are not looking to sell your home, it is important to understand how much equity you have in your home.
As the Spring Real Estate Market continues to remain strong, we continue to see a significant increase in the number of newly listed properties with homes selling quickly. The infusion of new listings combined with the strength in demand set the stage for the average price to increase across all styles of homes in the Greater Toronto Area.
The average price of a detached home in the GTA tops $1 million - up 14.9% from 2020 and is largely attributed to the 905 area codes like Oakville, Burlington, Milton, Mississauga and other areas surrounding Toronto.
Understanding the value of your home in the current market is as important as knowing how much money you have in the bank. Receive a free home market evaluation from trusted industry experts with over 21 years of Real Estate knowledge and experience so you can make the most informed decision.
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