CONDO SALES as reported by THE TORONTO REAL ESTATE BOARD DURING THE FIRST QUARTER
- 4,940 condo apt sales during first quarter of 2015
- 4,447 condo apt sales during first quarter of 2014
- represents 11.1% increase in 2015 over 2014
- The average selling price for condominium apartments in the first quarter of 2015 was up by 3.6 per cent year-over-year to $363,973.
- The condo apartment price growth experienced in the first quarter is indicative of a healthy marketplace where there is enough demand relative to the supply of listings to see moderate year-over-year price growth.
- In other words, we are very much experiencing balanced market conditions as it relates to condos,” said Jason Mercer, TREB’s Director of Market Analysis.
Presented by:
Patricia
cell/text: 416-879-2094
for any information about the Toronto Real Estate Market, I can be contacted via email: patriciakatzrealestate@gmail.com
Patricia Katz, Broker, SRES
office/pager: 416-966-0300
"when you call me, you speak to me"
Sutton Group-Associates Realty Inc., Brokerage
358 Davenport Rd.,
"Designers Walk"
Toronto, ON
