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Toronto Sees 46 Per Cent Increase in Million Dollar Condo Sales

"There was a 46 per cent rise in the number of condos selling for $1 million or more in the Greater Toronto Area last year.

Toronto is becoming more popular with foreign investors as prices are still lower than Vancouver, which saw a 25 per cent increase in luxury sales last year, and downsizing baby boomers are also driving GTA sales the report says."

>>Click here for the full Mortgage Broker News article

Source:  Mortgage Broker News / Toronto Star

 

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Casey Ragan

“Toronto’s Condo Authority”

Toronto Condos and Lofts

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