Condo City - Downtown Toronto's Condo Report

Toronto’s resell condo market is strong!

There’s just no other way to put it.

Average asking price is up 17.21%, within the target area, from this same time last year. The average sale price increased by 8.46%. Suggests that sellers may be a little more hopeful than the reality, but should still be good news for anyone considering selling over the next couple of months.

We’re heading into the Fall Market now. I would be preparing for an increase in available inventory… although this increased supply is typically accompanied by increased demand and competition.

I don’t expect this to have a negative effect on pricing or sales.

Click the button below to download the Full Report PDF.

Summary below.

Have any questions? Curious what your condo could be worth? Don’t hesitate to ask.

Toronto Condo Market Report Aug 2019 Page 1
Toronto Condo Market Update for August Summary