Toronto sign in Nathan Phillips Square with Old City Hall and downtown buildings in the back

The Toronto Real Estate Board says home sales in the Greater Toronto Area in September were up 22% compared with a year ago as the cost of buying a house also pushed higher.

The board says there were 7,825 sales through its MLS System last month compared with 6,414 sales reported in September 2018.

On a month-over-month basis, sales in September were virtually the same as August.

The MLS home price index composite benchmark was up by 5.2% on a year-over-year basis in September.

Meanwhile, the average selling price for all home types combined was $843,115, up 5.8% compared with a year ago.

The number of new listings in September was down 1.9% compared with a year ago at 15,611.

This report by The Canadian Press was first published Oct. 3, 2019.