TORONTO CONDO MARKET NEWS

…it would seem that Toronto’s real estate market and especially its condominium segment have a positive outlook for the short-term, at the very least, if not for the foreseeable future,¬†with some gyrations along the way, undoubtedly. Continue reading TORONTO CONDO MARKET NEWS

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TORONTO REAL ESTATE BOARD’s CONDO REPORT for 2nd Quarter 2019

“The condominium apartment rental market also remained quite tight in the second quarter, with average rents for one-bedroom and two-bedroom apartments increasing above the rate of inflation on a year-over-year basis. However, we have seen an acceleration in the number of units listed for rent, which has provided renters with more choice in the market place and has coincided with a slower pace of average rent growth over the past year,” said Jason Mercer, TREB’s Chief Market Analyst. Continue reading TORONTO REAL ESTATE BOARD’s CONDO REPORT for 2nd Quarter 2019