Condo Prices Have Gone Up 15%

The Shangri-LA Toronto

The Shangri-LA Toronto

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:

Toronto Real Estate Board: Market Watch 2012
Toronto Real Estate Board: Market Watch 2013

With that being said, I don’t think Toronto’s condo market will be crashing or coming to a halt any time soon.

For more details make sure to visit The Financial Post.

Or, click here for more info on luxurious condos in the Toronto area.

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
Posted in Blog and tagged , , .