• Remax-Condos-Plus
  • 29 September 2017

Since April, the hottest real estate market in Toronto has been luxury condo sales. In 2016, the highest price for a condo was 6.5 million. This year, the highest priced condo was 11 million. Did you know, sales over 1 million dollars for condos are 86% higher in 2017 than for the same period last year. In contrast, the overall market is down by 16%. So why the sudden interest?

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  • Remax-Condos-Plus
  • 19 September 2017

A lot of people seem concerned about our real estate market – especially my agents! Yes, the market has been slow since April, and yes prices have backed off in the house but not the condo market. That’s because house prices had an unsustainable run up – not just this spring but over the last three years where we had double digit price increases.

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  • Remax-Condos-Plus
  • 07 September 2017

More and more young people cannot afford or qualify to buy a home today, and it's not because of real estate prices.

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