Toronto Condominium sales continued to show growth in the first quarter of 2015 with 4,940 Condo sales reported, up 11.1 per cent from the same period last year.
New Toronto Condo listing were also up by 6.2 per cent in the first quarter.
Newly completed Toronto Condos are in demand from end users, many using the many Toronto Condominiums, most in the downtown core as their second choice for Home ownership.
Now for the best part, average price! The average Toronto Condo selling price was $363,973, gain of 3.6 per cent year-over-year.
According to the Toronto Real Estate Board report Toronto Condos are in a balanced market condition.
|Toronto Condominium Apartment Market Summary|
|First Quarter 2015|
|Sales||Average Price||Sales||Average Price|
|City of Toronto||3,457||$385,428||3,115||$376,567|
Pictured Above: Cinema Tower Condos Sale/Rent.
A sellers Real Estate Market continues in Toronto with strong average price growth expected to continue throughout this Spring.
Iris Li, RE/Max Condos Toronto Realtor, specializes in Toronto Yorkville Condos For Sale/Rent, both new and resale.
Let us help you find that new luxury Toronto Condominium,or Toronto dream Home.
Call Iris Today!