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Not for the faint of heart : Average Toronto home passes $1 million mark in February

The average selling price for all home types was up 14.9 per cent to $1,045,488, an increase from $910,142 in 2020 that was largely attributed to rising prices in the suburban 905 area code that surrounds Toronto. Just last month, the board predicted by the time 2021 ends the average selling price in the region will be $1.025 million, up from an average $929,692 in 2020. Realtors and the board say surpassing that expectation so soon indicates how undeterred buyers and sellers have been by the COVID-19 pandemic and is a sign of how heated conditions have become. When I get a call from a friend or brand new buyer just about to step into the waters, I say Warning: it s not for the faint of heart, said Terry Parkinson, an agent with Royal LePage Signature Realty in Toronto.

New tech: The big five

Author of the article: Adam Bisby, Special to National Post Publishing date: Feb 25, 2021  •  February 25, 2021  •  4 minute read  •  The EVE Park housing project has been designed around a 5G-reliant automated valet service. Photo by Photo courtesy of s2e Technologies Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content When the calendar flipped over into January this year, 5G wireless service had already been launched in more than 130 cities and towns across Canada, with coverage in the GTA being especially potent and widespread. Yet despite being up to 50 times faster than 4G and offering up to 1,000 times more capacity, the service has yet to resonate with condo buyers, says Tom Storey, a sales rep with Royal Lepage Signature Realty. “Most people tell me they’re happy with the 4G service they are getting, and if they w

New tech: The big five

New tech: The big five
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