The Toronto Real Estate Board says home sales in the GTA were down 35 per cent in September against the same month last year. The decline in detached homes was 40.4 per cent. The average selling price for all types of property sold in September was up 2.6 per cent from a year ago, rising to $775,546. The board said higher-priced detached homes accounted for a smaller share of sales than in September 2016 and that the average price for that market segment was flat. The average price for condos was up 23.2 per cent to $520,411 and average prices for semi-detached houses was up 7.4 per cent at $752,379.
