The Toronto Condo Market This Week – November 11, 2016
New condo sales in Toronto soar 73 per cent
There were a total of 6,677 new condominium apartments sold across the Greater Toronto Area (GTA) during the third quarter of this year, according to Urbanation Inc.’s recently released Q3-2016 market results. That amounts to a 73 per cent increase year-over-year, allowing sales to reach the highest level of third quarter activity on record.
Why Some Families Are Choosing Condos in the City Over Houses in the Suburbs
It’s less about space and more about location.
Toronto real estate investors deny they're driving up the market
Domestic investors make up 25% of real estate agent client base, survey suggests
Toronto home prices jump in October despite new mortgage rules
The average selling price for all types of homes jumped to $762, 975, leading at least one expert to expect further action by Ottawa.
