Avenue 151

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Buying a Condo

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Buying vs Renting

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RE/MAX Condos Plus, Your Toronto Condo Experts

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Toronto Condo Market Reports

  • Market Report November-December 2016

    Sales Commentary On one level, sale results for October suggest that this market will continue indefinitely. Overall, sales on the Toronto Real Estate Board were ahead by 11.5% compared to October of last year. But there are signs that these sale increases cannot continue. ‘Active’ listings are down by 34% from last year at this time, and ‘days on market’ has shrunk to just 16 – meaning that we are running out of saleable properties. In 2015, sales from September to October increased by 7.5% (which is normal). In 2016, sales from September to October declined by 1%. This slowing is a direct result from less listings on the market ...

  • Toronto Market Report October-November 2016

    Sales Commentary September sales followed a similar pattern to previous months. Sales were 21% higher than in September of 2015. But of more significance was that sales of 9900 units were more typical of a June and July than of a fall market. At the same time, listings continued to be in short supply – down 36% from a year ago. The end result is a continuing upward pressure on prices of all types of housing. The condo market mirrored the stats of the overall market – sales ahead by 30% and active listings lower by 40% against September of 2015 numbers. But what everyone is talking about is the ...