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Toronto Housing Market.pdf

Toronto_MarketReport_March2021.pdf
Preview of Toronto Housing Market
🔗 Source: russellteamtoronto.com
📊 Size: 489 KB
📄 Pages: 1 page
⬇️ Downloads: 64

Summary

Toronto's residential resale market reached new heights in March, with 15,652 homes sold, a 97% increase from last March, and an average price of $1,097,585, the highest ever recorded. Sales volume and average price shattered records, driven by high-end properties, with 982 selling for $2 million or more. Properties sold in just 13 days, with 67% of sales in the 905 region. Condominium apartment sales increased by 87% in Toronto and 100% in the 905 region. Inventory increased by 57% from last March, with 22,709 properties coming to market. The market's sustainability is a concern, with average prices rising almost $200,000 from last year, prompting talk of government intervention.

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Description

Toronto's residential resale market reached new heights in March, with 15,652 homes sold, a 97% increase from last March, and an average price of $1,097,585,...

Technical Information

  • File Format: PDF
  • File Size: 489 KB
  • Pages: 1
  • Language: EN
  • Total Downloads: 64
  • Last Updated: 3 weeks ago

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