Condominiums or popularly knows Condos are quickly gaining acceptance in the Toronto real estate market where ground-level homes such as detached, semi-detached and bungalows were traditionally popular. With the exponential growth in the last 15 years, condos are becoming an increasingly important part of Toronto’s housing market. Such is the interest in the condominium market that demand for Toronto’s...
The condo market in Toronto has always been very press and this year was no exception there 8965 condo apartments were sold between the beginning of April and the end of June. This is an impressive growth of 17.4% in comparison to previous year. The condominium rental market was also very healthy with a sale of 8965 condo rentals...
Toronto Real Estate Board TREB has reported another strong fourth quarter in 2014 with 8.3% higher sales than last year. The Board says the average selling price for a condo apartment through the Toronto Multiple Listing Service was $367,199, up 3.8 per cent in the fourth quarter of 2013.
“Demand for condominium apartments remained strong in the fourth quarter of 2014. ...
Toronto Condo Market is not slow. Going against the speculations, the Toronto condo sales have registered an impressive growth of 12.9 per cent year-over-year in the third quarter of 2014. he average selling price for Q3 condominium apartment sales was $359,352 – up by 5.7 per cent compared to the average of $339,878 in Q3 2013. The average...
In 2012 the sales in “Toronto condo market” looked like this: Toronto condo market represented 51% of the sales and detached homes represented 26% of the sales. There are numerous reasons behind the popularity of Toronto condos. The topmost reason among them is the affordability factor and then comes the lifestyle choices for the younger generation as they lead...
