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Real Estate Thought for the Day

Greater Toronto Area Condo Market Summaries of Great Strength

in 2nd Quarter 2018 Sales

toronto condo market real estate sales

Home values in the City 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.

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Nadine Robbins, Sotheby's International Realty Canada
1867 Yonge Street, Suite 100
Toronto, ON, M4S 1Y5
(416) 878-6860

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