By: Corrie Harding Keizs

Strong Sales bring down supply in New Toronto Condo Market

Tags:

SALES, TORONTO CONDO, NEW TORONTO CONDO, MARKET URBANATION, TORONTO CONDOS, TORONTO BROKER CORRIE HARDING, TORONTO REAL ESTATE

The index for average selling prices reached $555 psf, up 3% year-over-year, which is consistent with the trend over the past two years. Pricing for unsold units grew at an annual pace of 2% to an average of $571 psf, which marked a change in course following flat to slightly negative growth rates in previous quarters.    “Sales this past summer reaffirm that the new condo market...Read More