| Cole Burston/The Globe and Mail | First-time buyers in the Toronto-area real estate market are anxiously vying for properties in July after the average selling price hit a record peak in June.
| “It’s kind of bonkers,” says real estate broker Farrell Macdonald of Royal LePage Terrequity Realty. “I’m more than a little perplexed by the price activity.”
|  | | | More stories below advertisement | | | | On behalf of: Jameson Broadway & Birch LP/Courtesy of Jameson Broadway & Birch LP | | Benoit Pellerin/Benoit Pellerin | | Christinne Muschi/Reuters | | Sothebys International Realty Canada | | Royal LePage West Realty Group Ltd. | | Nithirut14/iStockPhoto / Getty Images | | |
/cloudfront-us-east-1.images.arcpublishing.com/tgam/DAFDX7CU3JHXHGRL4YSLLCIVPE.JPG "Toronto’s frothy housing market seeing ‘bonkers’ price activity")
Toronto’s frothy housing market seeing ‘bonkers’ price activity
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