RE/MAX Condos Plus
Your Toronto Condo Experts



Your first stop for Toronto real estate, market insights and buyer and seller resources. RE/MAX Condos Plus agents are seasoned industry experts who pride themselves on their service and commitment to you. That's why there is only one place to go for all your condo and loft needs.

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toronto condo market report

2019 TORONTO MARKET FORECAST


2019 Toronto Real Estate Market Forecast

January 2019

Before we begin our fearless forecast for this year, we need to recount our predictions for 2018. Buyers and Sellers should be pleased with how prices unfolded. Downtown condos averaged a 10% increase. Low rise under one million in Toronto also increased by 6%. The 905 area saw minimal price appreciation with York Region showing a 5% drop. However, those in the real estate industry were not as pleased, as we widely missed our sales estimates. Like others, we underestimated the significant impact of the ‘Stress Test’ (2% over actual five-year fixed rates and where buyers needed to qualify at).


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