Toronto Real Estate Market is Hot – Even When It’s Slow
Toronto’s real estate market saw a 2.8% rise in August transactions with the average home price up 8.9% to $546,303, and condos outpacing low-rise homes; discover what these trends mean for buyers and investors as detached homes in the 416 area near the $1,000,000 mark.
Toronto Real Estate Market is Hot – Even When it’s Slow
Despite August being a typically slow month for Toronto real estate, transactions increased by 2.8%, with the average home price rising 8.9% to $546,303 in the Greater Toronto Area, while condo sales outpaced low-rise homes.