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Toronto Market Report

Record breaking sales for April! Read more in our latest Market Report.

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RE/MAX Condos Plus, Your Toronto Condo Experts

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Toronto Condo Market Reports

  • Market Report May/June 2016

    Sales Commentary Record breaking sales continued through April on the Toronto Real Estate Board. Sales topped the 12,000 unit mark and were ahead by 7% over 2015. Condo sales were ahead by 17% but detached and semi-detached sales in Toronto were actually lower by 4% and 11% respectively. TREB’s House Price Index shows that detached housing is higher by 13% over this time last year. By comparison, condos are higher by 6%. We are witnessing multiple offers, not just for low rise, but for condos and leases across the spectrum. Governments are pointing the finger at those supposed foreign buyers for causing unprecedented price increases. The reality is a lack ...

  • Market Report April-May 2016

    Sales Commentary The spring market is well under way. Sales for March and the First Quarter on the Toronto Real Estate Board were an all-time record. Sales in March were up by 16% over March of 2015. For those wondering if these sales numbers are sustainable, just look back nine years ago to the previous peak and you can see that sales per 100,000 population are LOWER today than in 2007. However we do preach a word of caution. There is some ‘froth’ to this market and it is not related to the condo segment. Instead we would be concerned with the sale of houses in the two million dollar ...