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The Toronto Condo Market This Week – May 6, 2016

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condo market news piece may 6

'Crazy' real estate bidding wars infect the suburbs

After six months of searching and 18 failed offers, Kate Stoodley and her husband Neil have finally purchased their first home.

The 10 most expensive Toronto condo units on the market right now

In Toronto real estate, condos tend to be the most-affordable options for first-time buyers looking to enter the housing market. These 10 units are not.

Condos remain affordable options for first-time buyers – economist

While persistent increases in Canada’s housing costs have placed a significant fraction of homes out of reach of the average consumer, first-time buyers can still go for a relatively viable alternative, according to a prominent expert.

Average price of a GTA home up more than $100,000 in a year

House prices in April were 16.2% higher than in April 2015, according to the Toronto Real Estate Board.

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