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May 29, 2023 · The 2023 GTA Condo Investment Report from Urbanation and CIBC Economics offers, like many new industry outlooks, encouragement about a stabilizing market in which power is shifting toward...
- Becky Robertson
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.
Oct 17, 2023 · As the green line shows, we started 2023 with the fewest sales in the month of January for the period 2018 through 2023. By spring, the sales data was in line with previous years, save for 2021 where we can see every single month in that calendar year is well above the rest.
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.
Apr 5, 2023 · The Ontario board found Wednesday that the average price of a home hit $1,108,606 last month compared with $1,096,519 the month before. However, the average price was still down almost 15 per...
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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Jan 25, 2023 · There are a couple of important risks in the pre-construction (pre-con) condo market that we’ll need to keep an eye on. Firstly, the Toronto area has a record over 32,000 condominiums scheduled for completion in 2023, with more than 18,000 of those scheduled for the first half of the year.
