Q1 GTA Condo Sales Rise Substantially

Monday Apr 26th, 2021

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Year-over-year growth in first quarter 2021 condominium apartment sales well outstripped growth in listings over the same period in the Greater Toronto Area (GTA). With market conditions tightening, average condo prices for Q1 2021 were above the averages for Q1 2020 for the regions surrounding the City of Toronto. The average condo selling price in Toronto remained below last year’s level. First quarter 2021 condominium apartment sales reported by GTA REALTORS® totalled 9,398 –... [read more]

Q1 Rentals in the GTA Reached a New Record Due to Pent-up Demand

Monday Apr 26th, 2021

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Q1 RENTALS IN THE GTA REACHED A NEW RECORD DUE TO PENT-UP DEMAND. In the first quarter of 2021, average condominium apartmentrents were down on a year-over-year basis, continuing to reflect a supply imbalance in favour of renters. The number of condominium apartments listed for rent during Q1 2021 was up by78.8% compared to Q1 2020. [read more]

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