What is the average home price in Ontario?
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The average home price in Ontario varies depending on the location and type of property. In 2021, the average home price in the Greater Toronto Area (GTA) was around $900,000. This figure can be higher in cities like Toronto and lower in smaller cities and rural areas. It’s important to note that the real estate market in Ontario is constantly changing and the average home price can fluctuate based on various factors such as the economy, supply and demand, and government policies.