Photo: the2scoops/Flickr
We’ve heard that the Toronto housing market keeps on heating up, with a serious uptick in both sales and prices in October. But which neighbourhoods are feeling the biggest price surges?
Looking at the the Toronto Real Estate Board’s break down of the MLS House Price Index by district, we mapped out which parts of town saw the biggest year-over-year price growth. And because there’s such a huge price gulf between condos and houses in the city, we also looked at what neighbourhoods saw the highest percentage increases in prices for detached homes, attached homes, townhouses and apartments.
Here are a few fast facts:
- Looking at price growth among all property types, four out of of the top five neighbourhoods were in the east end. (Tweet this fact)
- Detached homes in E07 (Miliken, Agincourt North, Agincourt South-Malvern West) saw the biggest leap, with prices rising by 13.44 per cent. (Tweet this fact)
- For attached homes, C11 ( Leaside, Flemingdon Park, Thorncliffe Park) rose the most, with a 12.58 per cent boost in prices. (Tweet this fact)
- Townhouses in W10 (West Humber-Claireville, Elms-Old Rexdale, Rexdale-Kipling, Thistletown-Beaumond Heights, Mount Olive-Silverston Jamestown) took the top spot for price increases, leaping by 18.23 per cent since last year. (Tweet this fact)
- Apartments in E10 (West Hill, Centennial Scarborough, Highland Creek) saw the biggest price jump, rising by 22.85 per cent. (Tweet this fact)