Monday, August 18, 2014

Toronto Downtown Condos Average Price Increase July

Toronto Waterfront Condos
Toronto Waterfront Condos

 Toronto Downtown Condos Average Price For July

Toronto Condos continue to increase in sales and average price in July 2014.

Condos in downtown Toronto in the two biggest downtown districts C01, and C08 again showed positive results for the month of July.

The average Toronto Condominium price increased by $43,394 in one of the largest Toronto downtown District, C08, increasing by 11.27 per cent year-over-year.

DistrictAverage Price 2013Average Price 2014DifferencePercentage
C01$414,030$445,484+$31,454+7.6%
C08$384,874$428,268+$43,394+11.27%

The average price for Toronto Condos is made up of several different factors:

  • The Size of the Toronto Real Estate District, some bigger than others.
  • Number of Condos sold (the more the better for an average resale price).
  • Number of new Luxury Condos just entering the Condo market;Higher prices.
  • High end luxury Hotel/Condo properties coming on the market.
  • Condo project specific- a project with say just boutique Condos at a lower price
  • Time of year, usually Spring market! Now Summer Market!
  • Any many more specifics..
Pictured above the latest Toronto Waterfront Condos For Sale/Rent.

Iris Li is a ReMax Condos Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts. Call for a scheduled showing of these properties.

View The Latest Toronto Downtown Condo Listings:


Yonge And Bloor Condos Sale/Rent

Toronto Financial District Condos For Sale/Rent

Friday, August 08, 2014

Toronto Home Prices Continue Upward Trend

L Tower Condos Toronto Downtown
L Tower Condos Toronto

Toronto Home And Condo Average Prices Increase, July 2014


Strong growth in both Toronto Home average prices and Toronto Condos average prices were reported for July, 2014.

In this second half, Toronto Real Estate market conditions tightened with Home sales growth outpacing MLS listings, resulting in an average Home price growth above the rate of inflation.

According to the Toronto Real Estate Board "Strong demand for ownership housing will underpin robust average price increases for the remainder of 2014."

Toronto Home July Home sales were up 10 per cent to 9,198 and the average resale price for all Toronto Home types was $550,700, up by 7.5 per compared to 2013.

Toronto Condos average price was $379,002 increasing by 4.7 per cent year-over-year in July.

Toronto Home and Condo buyers are still considering affordable Home purchases in our City and the new and resale Toronto Home market shows their interest.

Iris Li, Re/Max Condos Toronto Realtor, specializes In Toronto Harbourfront Condos For Sale/Rent both new and resale and Toronto Forest Hill Homes For Sale. 

Thursday, July 31, 2014

Toronto Condo Rentals Continue Strong In Second Quarter

 
Toronto Harbourfront Condos Sale,Rent
Toronto Harbourfront Condos

Toronto Condo Sales Up 10.4 Per Cent Year-Over-Year


More Toronto families could see themselves moving into the hundreds of new Toronto Condos coming on to the Real Estate Market.

Why?

The average price for a Toronto detached home in the city of Toronto is $865,635 compared to the average price of a Toronto Condo of $396,078 mid-June, 2014.

Buyers who were once only focused on low-rise Toronto homes now see that Toronto Condos are becoming a good second choice.

The Toronto Condominium Market continue to record positive month end results both in sales and average resale prices,

Toronto Condo investors are making up a large portion of the buying and renting out of the many new Condos coming onto the resale market and with lower mortgage interest rates that trend might just continue.

Iris Li, Re/Max Condos Toronto Realtor specializes in Toronto Downtown Condo Listings both new and resale.

Let us help you find that new luxury new or resale Toronto Condominium.

Call Today!

Pictured Above: Toronto Harbourfront Condos For Sale/Rent

Thursday, July 17, 2014

Average Toronto Condo Prices Continue Upward Trend Mid-July

Toronto Shangri La condos Sale/Rent Toronto Downtown
Toronto Shangri La Condos Sale/Rent


Average Prices For Toronto Condos Are Still Heading Upwards.


According to the latest Toronto Real Estate Board's Mid-July results, Toronto Condos rose in average price to $396,078, a 10.7% gain from the same time in 2013.

Toronto single detached Homes continued to increase in average price to $865,635, mid-July, an 8.8 % gain year-over-year.

There were 649 Toronto Condos sold, an increase of 10.9 per cent.

Toronto detached home sales were up 8.8% increasing to an average price of $865,635.

The average selling price for all Toronto Home types including Condos,single-detached,semi-detached and Townhouses was $549,174 up by 8.0 per cent from the same time last year.

More new Toronto MLS listings in the last half of 2014 could provide more choice for buyers if new listings outpace sales growth.

Iris Li, Re/Max Toronto Realtor specializes in Toronto Downtown Condo Listings, both new and resale.

Let us help you find that luxury new or resale Toronto Condominium.

Call/Text Iris Today!

416-505-8023

Friday, July 11, 2014

Toronto Downtown Condos Average Price Gains June 2014

 
Pier 27 Condos Toronto Waterfront
Pier 27 Condos Toronto Harbourfront

Toronto Downtown Condominiums Average Price Gain June

Toronto Downtown Condos continued to increase both in sales and average price for June 2014.

Downtown Toronto Condos located in the two biggest downtown districts C01, and C08 continued to show strong average price gains for June,2014.

The average Toronto Condominium price increased by $37,482 in the second largest Toronto downtown District, C08, increasing by 8.39 per cent year-over-year.

DistrictAverage Price 2013Average Price 2014DifferencePercentage
C01$417,955$439,650+$21,695+4.93%
C08$409,142$446,624+$37,482+8.39%

Once again,the average price for  Downtown Toronto Condos is made up of several different factors:

  • The location of the Toronto Real Estate District, some more in demand than others.
  • Number of Condos sold (the more the better for an average resale price).
  • Completion of new Luxury Toronto Condos just entering the Condo market
  • High end luxury Hotel/Condo properties coming on the resale market.
  • Condo project specific- a project with say just boutique Condos at a lower price
  • Time of year, usually Spring market!
  • Any many more economic considerations...
This Month, both Toronto Yorkville Condos For Sale and College Park Condos For Sale were the most popular on our Toronto Condos website; www.TorontoHomeAndCondo.com  

Pictured above: Pier 27 Condos Toronto for Sale|Rent.

Iris Li, Re/Max Condos Toronto Realtor specializes in Toronto Downtown Condo Listings both new and resale.

Let us help you find that new luxury new or resale Toronto Condominium.

Call Today!

 

Sunday, June 29, 2014

Toronto Waterfront Condos Sale/Rent|Toronto Harbourfront


Toronto Harbourfront Condos Sale/Rent
Toronto Waterfront Condos

Toronto Condominiums On The Waterfront
Toronto Waterfront Condominiums

Looking For Toronto Waterfront Condos For Sale or Rent?

Condos for sale on Toronto's waterfront stretch for miles from East of Yonge Street all the way to West of the Humber River, South Etobicoke.

There are now a wide choice of older Toronto Condo buildings that offer Lakeview views to newer Condos that are just coming on to the Toronto Condominium Waterfront market.

A bonus in buying in Toronto's Waterfront neighbourhood is the close proximity to the Financial Centre. That's a short walk or ride on the TTC that services the area.

Search here for Waterfront Condominiums Toronto For Sale/Rent.

Iris Li, Re/Max Toronto Realtor specializes in Toronto Downtown Condo Listings both new and resale. Let us help you find that new luxury new or resale Toronto Condominium.

Call Today! 

Friday, June 20, 2014

Toronto Condos Strong Price Growth Sales Mid-June

Toronto Harbourfront Condos For Sale,Rent.
Toronto Harbourfront Condos
Toronto Condos Increase In Sales,Average Price Mid-June

It seems Toronto Condo buyers are continuing to buy and as a result mid-June results recorded by the Toronto Real Estate Board showed a 10.9per cent increase in Condominium MLS sales.

Within the City of Toronto Condos average price increased 5.7 per cent to $397,942 compared to the same time last year.

Toronto detached homes increased 7.5 per cent to an average price of $941.813.

This Toronto Real Estate momentum in price growth is expected to continue until the end of the year according to the Toronto Real Estate Board.

Good news! New Toronto MLS listings were up on year-over-year basis for most Home types in the City of Toronto and surrounding areas according to the Toronto Real Estate Board.

Pictured above: Toronto Harbourfront Condos Sale,Rent.

Iris Li, Re/Max Toronto Realtor specializes in Toronto Downtown Condo Listings both new and resale. Let us help you find that new luxury new or resale Toronto Condominium.

Call Today! 


Thursday, June 12, 2014

Toronto Downtown Condos Average Price Gains May 2014


Toronto Harbourfront Condos Downtown
Toronto Downtown Condos Harbourfront

Toronto Downtown Condominiums Average Price Gain May


Toronto Condos continued to increase both in sales and average price for the month of May.

Downtown Toronto Condos located in the two biggest downtown districts C01, and C08 continued to show strong average price gains for May,2014.

The average Toronto Condominium price increased by $40,733 in the second largest Toronto downtown District, C08, increasing by 9.6 per cent year-over-year.

DistrictAverage Price 2013Average Price 2014DifferencePercentage
C01$431,293$438,121+$6,828+1.6%
C08$425,322$466,055+$40,733+9.6%

Once again,the average price for Toronto Condos is made up of several different factors:

  • The Size of the Toronto Real Estate District, some bigger than others.
  • Number of Condos sold (the more the better for an average resale price).
  • Number of new Luxury Condos just entering the Condo market
  • High end luxury Hotel/Condo properties coming on the market.
  • Condo project specific- a project with say just boutique Condos at a lower price
  • Time of year, usually Spring market!
  • Any many more specifics..
This Month, both Toronto Yorkville Condos For Sale and Toronto Harbourfront Condos For Sale were the most popular on our Toronto Condos website; www.TorontoHomeAndCondo.com 

Iris Li, Re/Max Toronto Realtor specializes in Toronto Downtown Condo Listings both new and resale.

Let us help you find that new luxury new or resale Toronto Condominium.

Call Today!