Toronto house prices hit another record high

It's finally starting to get warmer out in Toronto and of course, our housing market is still heating up too.

According to the latest Teranet-National Bank Composite House Price Index (which, as Reuters writes, looks at changes for repeat sales of single family homes), in April, housing prices in Toronto were up 2.6 percent since the previous month.

Compared to April 2016, prices were up about 26 percent. Both stats reportedly mark a record high for the city.

Now we'll have to wait and see whether things cool down later this year.

Lead photo by

Join the conversation Load comments

Latest in City

Here's a preview of what it will be like to ride on new Toronto LRT line

There's a brand-new $26M TTC subway station entrance in a popular Toronto park

Ontario's largest snake grows up to 2 metres and squeezes prey to death

Ontario is home to world's oldest pool of water at a staggering 2 billion years old

Stunning new Toronto park set to open next year

Toronto somehow isn't home to Ontario's jankiest LRT

A Toronto transit project is actually going to finish early for once

People worried about Ontario police's plan to use facial recognition software