It's already looking like 2019 is going to be another strong year for the real estate market in Toronto!
Continuing off of last year's trends, we are seeing the condo sector remain extremely strong as it is the first point of access for many first-time buyers & investors who are still feeling the effects of the mortgage stress-tests brought in.
The average price for a condo in the City of Toronto has now reached almost $595,000 with most “entry-level” condos now starting in the $450K range!
With 2017 being one of the craziest years on record for the Toronto Real Estate market, we want to breakdown our projections for the upcoming year & what you can expect to see happen!
The rental market remains one of the hottest topics when talking about real estate in Toronto & for good reason! Last year we saw an unprecedented increase in rental prices and a drastic drop in available units with 2018 not looking like it's going to be much different.