Toronto housing market at ‘critical juncture’ as plunging listings push high prices higher

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Average selling price of home in Canada’s biggest city up 18.3% from the year before to $1,136,280

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Home prices continued to climb in the hot Toronto area residential real estate market in September, hitting the third-highest mark on record for the month, according to data released Tuesday by the Toronto Regional Real Estate Board.

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The average selling price for all home types combined was up by 18.3 per cent year-over-year to $1,136,280.

The board and other real estate organizations are calling on government to take stronger measures to…

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