Toronto Home prices increased according to a recent report from the Toronto Real Estate Board.
The number of new active listings were down, resulting in Toronto Home buyers competing for fewer Homes.
Many Toronto Home buyers continue to take advantage of the lower interest rates that are now being offered by most of the major Canadian banks.
Employment growth and a record increase in population has also fueled a strong demand for Toronto Homes and Toronto Condos.
Toronto Home And Condo Average Price Mid August 2015:
Toronto Detached Homes average price $1,026,607 up 21.5%
Toronto Semi-Detached Homes average price $680,642 up 8.9%
Toronto Townhouse average price $524,360 up 19.5%
Toronto Condos average price $406,741 up 9.9%
Where in Toronto do you want to live?
Pictured Above: L Tower Condos Toronto.
Search new L Tower Condo Listings Now!
- Toronto Entertainment District Condos For Sale/Rent
- Yonge Bloor Condos For Sale/Rent
- Bay Bloor Condos Sale/Rent
Many of these desirable Toronto Condominiums are close to Rapid Transit and many of them offer work and play in the very same neighbourhood.
Each one of the above Toronto Condominium Districts are more than enough to attract both Condo buyers and Condo renters.
Take a look and be sure to call me to arrange showings for any of these Toronto Condos that may just interest you!
Iris Li is a ReMax Condos Toronto Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts.
Call today for a scheduled showing for any of these Toronto Condo properties or Toronto Single-Detached Homes!