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Toronto Real Estate Board says condo sales and rentals remained strong in Q4
September 28, 2024
By: The Canadian Press- Online Edition
TORONTO – Demand for condominums in the Toronto area remained strong in the fourth quarter, with 8.3 per cent more sales than a year earlier, according to the Toronto Real Estate Board. It says the average selling price for a condo apartment through the Toronto Multiple Listing Service was $367,199, up 3.8 per cent in the fourth quarter of 2013. The TREB says there has been a record number of condo units completed over the past two years but demand from buyers and renters has grown at a faster pace, as a result of steady population growth in the Greater Toronto Area.