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- “The amount of one-bedroom units that are coming on now is overwhelming,” Mr. Bibby says, noting that the supply of condo apartments in Toronto spiked 55.3 per cent in March compared with March, 2023. Monthly rents have been softening with increased supply in many buildings, he says, and owners face the burden of hefty carrying costs.
www.theglobeandmail.com/real-estate/toronto/article-as-transactions-fall-toronto-condo-buyers-find-their-leverage/As transactions fall, Toronto condo buyers find their leverage
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Mar 15, 2023 · In last month’s Market Report, we compared the drop in prices over the past 12 months for low rise and condos across the 416 and 905 areas. The price drops ranged from 20+% to a low of 3.4% for 416 condos.
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Released on a monthly basis, this Report lets you in on the...
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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 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.
Oct 17, 2023 · To understand how we got here, let’s look back at the Q3 data (July, August, September) for both the 416 condo market and the 905 condo market. Bear in mind that with our condo rental market feature here on TRB, we look specifically at C01 and C08, aka “downtown.”
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.
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...
Mar 13, 2024 · High borrowing costs and ongoing concerns about affordability cast shadows over the local condo market, pushing many buyer hopefuls to the sidelines and resulting in quarterly sales hitting their...
