|U Condos For Sale/Rent Bay Bloor Toronto|
Average Prices For Toronto Condos Are Still Heading Skyward.According to the latest Toronto Real Estate Board's Mid-May results, Toronto Condos rose in average price to $325,451, a 7.2% gain from the same time in 2014.
Toronto single detached Homes continued to increase in average price to $1,140,962, Mid-May, an 18.4% gain year-over-year.
There were 826 Toronto Condos sold, an increase of 13.8 per cent.
The average selling price for all Toronto Home types including Condos,single-detached,semi-detached and Townhouses was $652,782 up by 10.7% from the same time last year.
Strong buyer interest in Toronto Condos is keeping the Toronto Condominium price growth above the rate of inflation however the strongest average price growth was in the low-rise Toronto Home market.
Pictured above: U Condos Bay Street, Toronto
Iris Li, Re/Max Condos Toronto Realtor specializes in Toronto Downtown Condo Listings, both new and resale.
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