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Jun 23, 2022 · In 2021, the average sales price was $1.095 million. That’s a staggering $597,927 increase in a decade. While prices remained flat between 2012 and 2013, we reported back in 2014 that condo sales continued to lead the GTA housing market, contrasting with sales of detached, semi-detached and townhome properties.
2019 was the year the Toronto market rebounded from the chaos caused by the Non-Resident Speculation Tax in 2017, the stress test in 2018 and the ensuing buyer and seller panic and confusion. 2019 was the year that saw Buyers regain their confidence and Sellers show (a little less) greed. Though bidding wars for hot properties in hot ...
January 24, 2019. Though Toronto’s housing market has stabilized after prices fell 18% from March-July 2017, it doesn’t mean we are in the clear. While high population growth and new tech jobs have kept Toronto buoyant, key risks - high consumer debt levels, a potential recession and bubbly condo prices - remain.
Jan 23, 2019 · Real estate is always a hot topic, and consumer interest in the Toronto market shifted, sometimes significantly, between 2018 and 2017. For example, REW’s data analysts found that in 2018, the Danforth, a well-established, highly walkable neighborhood that provides quick, easy access to the city’s downtown was the city’s most popular neighbourhood.
Nov 5, 2018 · Greater Toronto Area REALTORS® reported 7,492 sales through TREB’s MLS® System in October 2018 – a six per cent increase compared to October 2017. On a preliminary seasonally adjusted basis, sales were down by one per cent compared to September 2018. The average sale price for October 2018 was up 3.5 per cent on a year-over-year basis to ...
Jan 7, 2020 · Here’s the Toronto Real Estate Board’s analysis for December 2019, as well as the entire calendar year, with graphics courtesy of Market Watch: Toronto Real Estate Board President Michael Collins reported that December 2019 residential sales reported through TREB’s MLS® System by Greater Toronto Area REALTORS® were up by 17.4 per cent year-over-year to 4,399.
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Dec 12, 2018 · Condos will continue to rise in price. In December 2018, the average price of a condo in the central Toronto core was $835,622, representing at 18% increase over the previous year. That’s huge! The GTA at large saw an increase of 11.5%. If you’re waiting for prices to drop before buying a condo, it’s probably not the best strategy.
