Purchasing a Home in Durham is a Great Idea When You Compare Affordability
Average selling prices in Durham Region increased by 1% to $344,907 in June of this year (2012). This increase raised the year-to-date average price to $335,448.
When compared to the average selling prices with some of the other neighbouring areas such as Toronto ($553,923) York Region ($595,212) and even Peel ($440,026), Durham Region truly stands out as offering excellent housing variety along with great amenities. When you consider the high purchase price of a home in Toronto, coupled with the additional Land Transfer Tax that the City of Toronto has implemented, Durham Region is a great choice for people who want to enjoy the benefits of home ownership.
Information and Statistics have been taken from the The Durham Region Association of Realtors