|U Condos Bay Street Toronto|
Average Prices For Toronto Condos Are Still Heading Upwards.
According to the latest Toronto Real Estate Board's Mid-December results, Toronto Condos rose in average price to $376,845, a 3.1% gain from the same time in 2013.
Toronto single detached Homes continued to increase in average price to $936,761, Mid-December, a 15.2 % gain year-over-year.
There were 492 Toronto Condos sold, an increase of 8.8 per cent.
The average selling price for all Toronto Home types including Condos,single-detached,semi-detached and Townhouses was $565,873 up by 8.6 per cent from the same time last year.
Strong buyer interest in Toronto Condos is keeping the Toronto Condominium price growth above the rate of inflation according to the Toronto Real Estate Board's latest report.
Pictured above: U Condos Bay Street, Toronto
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