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The Toronto Condo Market This Week (September 18, 2015)

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condo market news piece september 18

Toronto's priciest condos are at Bloor and Avenue, real estate brokerage says

An average one-bedroom condo in the area is $570,198, and an average two-bedroom is nearly $1.5 million (actually, the average price is $1,497,679

Canadian housing starts jump as condo building booms in Toronto

Surprise jump in August’s construction data attributed to demand for lower-cost condos, fuelling property boom in slowing economy

Is Canada the New Switzerland? Safe reputation abroad seen driving Toronto’s condo boom

Canada’s continuing reputation as a safe country to live and to bank in drives a consistent condo boom in it’s largest city, Toronto.

GTA condo developers feeling bullish: report

Condo developers in the GTA are feeling bullish in the face of record completions and warnings of potential overbuilding. So found Fortress Real Developments in its fourth edition of The Market Manuscript, released last week.