Actually current average price is $846k, as per Zolo's stats, up more than 100k. The average though is skewed by the sales mix. When looking at similar homes, it never fluctuated that much. Prices are pretty much were they were last November, maybe a tad higher,  so the spike in March has been blunted. As I said at the time, the spike in Feb-March was much less than the media published averages implied, in most areas of the GTA. Again, because of the fluctuation in sales mix.