Over the past year condo prices have been increasing in Toronto’s down town west market. In August alone condos sales in Toronto are up 21% when compared to last year. There are also less condos available today than there were in August this time last year as well (approx 5% fewer).
*More info on these stats here:
With that being said, I don’t think Toronto’s condo market will be crashing or coming to a halt any time soon.
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