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Toronto Condo and Loft 2023 Q3 Market Statistics Released
November 8, 2023
The Toronto condo and loft market became much more balanced over the past year. While Q3 2023 Toronto condo and loft sales were up year-over-year, growth in listings far outstripped growth in sales. The result was the average price edging lower providing some relief in the face of higher borrowing costs. There were 4,415 condo […]
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Just Listed – Fabulous Hard Loft in King West
October 24, 2023
Welcome to the recently renovated Clock Tower Lofts, one of Toronto’s best and finest authentic hard loft conversions, with soaring 11.5′ ceilings, exposed HVAC and warehouse sliding bedroom doors, completed renovated and upgraded, new queen-size Murphy bed and built-in office in 2nd bedroom, luxurious ensuite 4 piece bath in primary bedroom, custom lighting throughout, central […]
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September 2023 Toronto Condo and Loft Resale Report
October 10, 2023
The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on Toronto condo and loft sales in September. However, despite the market being better-supplied with listings, the average selling price was up year-over-year. The short and medium-term outlooks for the Toronto condo and […]
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Toronto Condo and Loft August Resale Statistics Released
September 13, 2023
Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer Toronto condo and loft sales in August 2023 compared to August 2022. The average selling price remained virtually unchanged over the same period. On a seasonally adjusted monthly basis, sales and average […]
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Interest Rate Hikes Off The Table With Weak Q2 GDP Growth In Canada
September 5, 2023
Here is some positive news in the mortgage world that will be well received (especially for the variable rate mortgage holders). Rate Hikes Are Definitely Off The Table The Canadian economy weakened surprisingly more in the second quarter than the market and the Bank of Canada expected. Real GDP edged downward by a 0.2% annual […]
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