Real Estate Thought for the Day
Greater Toronto Area Condo Market Summaries of Great Strength
in 2nd Quarter 2018 Sales
Home values in theCity of Toronto increased in the second quarter of 2018. The Toronto region continues to experience a surge in activity within the condominium market in the 2nd quarter of 2018, especially among millennial buyers. The aggregate home price in the region rose by 3.0 per cent year-over-year to $859,489. Over the same period of time, the median price of a condominium increased 9.3 per cent year-over-year to $552,835.