The G.T.A has officially entered the fellowship of 5!
This fellowship means that the G.T.A has become one of the most expensive places to own a home in North America. Factually owning a home anywhere in the G.T.A means that on a relative comparison basis. Your home is now more expensive than a similar home in Los Angles, NYC, Mexico City and Chicago.
The attached article by the National Bank and Teranet https://housepriceindex.ca/#maps=c11 offers great historical references. If you have any more specific questions? Feel free to direct any of your questions to any of our highly experienced staff!