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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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RE/MAX Condos Plus Corp. Brokerage 45 Harbour Square...
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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 higher...
- Becky Robertson
Apr 30, 2024 · TRREB Releases 2024 Q1 Condo Market Statistics. The Greater Toronto Area (GTA) condominium apartment sales increased moderately in the first quarter of 2024 relative to the first three months of 2023.
Oct 17, 2023 · Those 850 condo sales in the 416 in September are less than half of what we saw in 2021, and represent only 55% of what we saw in 2020. Let’s look at the data graphically: As the green line shows, we started 2023 with the fewest sales in the month of January for the period 2018 through 2023.
Toronto, which accounted for almost two-thirds of total condo sales, the average selling price was $723,186 – down by 0.5 per cent compared to Q1 2023. “As first-time buying activity increases with lower borrowing costs later this year
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.
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What percentage of condos sold for more than the list price?
Mar 14, 2023 · During the second week of March, 44% of houses sold for more than the seller’s list price, the highest level since June 2022. The condo market is less competitive with 29% of condos selling for more than the list price.