Top least and most expensive neighbourhoods for home buyers in the Greater Toronto Area

In December, the average home price in the Greater Toronto Area dropped 5.1% to $1,006,735. The least expensive neighbourhoods included Brampton South with a median price of $345,000, Downtown Brampton at $448,000, and Mississauga’s core at $453,500. The most expensive areas featured Humber Valley at $2,450,000 and Forest Hill at $2,170,000, known for luxury homes and estates.