Toronto home sales up 24.3 per cent in July, compared to same month last year | CTV News Toronto

TORONTO — The Greater Toronto Area’s home price index was up 4.4 per cent last month as the supply of properties for sale tightened and the number of sales jumped 24.3 per cent from July last year, the Toronto Real Estate Board reports.

The overall average selling price for properties in the Greater Toronto Area was up 3.2 per cent year-over-year to $806,755, TREB said in a monthly report issued Tuesday.

The number of properties sold increased to 8,595 from 6,916, with sales of all four categories of housing up by double digits.

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