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Condo Prices are on the rise

As home prices in the GTA has gone through the roof, condos prices have followed suit. Condo market is hot as 2019 is coming to an end.

GTA condo market update

The average price of a condominium apartment increased by 5.8 per cent from $552,766 in Q3 2018 to $584,564 in Q3 2019. Year-over-year price growth in the City of Toronto, which accounted for nearly 70 per cent of transactions, was slightly lower at 5.6 per cent, resulting in an average price of $628,074.

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