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May 29, 2023 · Some interesting new data on Toronto's condo market is shedding light on how speculative real estate investment in the city may be in for a change, as rising new condo prices paired with...
- Becky Robertson
Apr 5, 2023 · Townhouses cost an average of $935,626, a 14 per cent decrease, while condos and apartments fell 13 per cent to $703,566.
Apr 30, 2024 · The Greater Toronto Area (GTA) condominium apartment sales increased moderately in the first quarter of 2024 relative to the first three months of 2023. However, over the same period the number of condo apartment listings increased by a greater annual rate.
May 24, 2023 · The number of new detached, semi-detached and townhouses that sold in the region last month was up a staggering 81 per cent compared to April 2022, with a total of 2,391 — a number that is...
- Becky Robertson
Oct 17, 2023 · There are certain condos in the downtown core which, in a red-hot market, absolutely should be listed at a low-price, with an offer date, as a matter of strategy. But in October of 2023, I would offer than 90% of condo listings should be listed with “offers any time,” again, as a matter of strategy.
Condos in Toronto are down a relatively smaller 12 percent from their peak, or still 3 percent higher than the 2021 average. It’s true that the rise in condo rents was a bit more but that doesn’t prevent condos from not dropping on a year over year basis because rate hikes were massive.
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2 days ago · The Greater Toronto Area (GTA) housing market saw inventory soaring to a decade high in May 2024, with 21,760 active home listings by month’s end. That comes amid a surge in new listings, while sales and home price growth are held back.
