Look at price trends over the past 3 years for Downtown Toronto vs Vaughan condos: After the pandemic hit, Downtown Toronto condo prices went down and are now averaging what they did about 3 years ago. In contrast, Vaughan condo prices have held strong. They actually peaked higher in November 2021. Downtown Toronto condos haven’t […]
Love when people #AskCondoStats about my favourite neighbourhoods. Harbourfront, East Bayfront, Waterfront..whatever you want to call it. Queen’s Quay baby from Bathurst through Parliament. The east side of it in particular has been poppin’ with new developments over the past years and still has a long way to grow (despite the current hiccup that we’ve […]
The other day, someone on LinkedIn asked about 1 bedroom condos by Islington & Bloor. So voila, 2 properties are listed right now at 480k and 515k. In the past 3 months, 12 sold for 486k in 22 days (on avg). That means prices are down 2.4% and taking 3 weeks+ or almost 3x as […]
Welps, here’s a snapshot of downtown #condostats over the past 7 years. New listings have never been as high as they have been over the last quarters. They haven’t taken this long (~5 weeks) to sell in 5 years. And ofc prices are averaging what they did about 3 years ago. This is presumably due to the […]
It’s been a while so I thought I’d share something a bit *faux French accent* dramatique When in reality, this is not so much daunting as it is expected. Somewhat. Toronto condo prices have been SOARING esp over the past 4 years, from y’know, that somber spring of 2017 where we saw stricter rules dampen […]
Happy May folks! Business is not as usual. But what is exactly happening with the condo market in Toronto? How has Covid-19 impacted Toronto’s fiery condo market? APRIL SALES DOWN (year over year) 1+1 CONDOS SALES DOWN 77%; 2 BED CONDOS SALES DOWN 75% Vaughan 1+1 condo sales down 88% Richmond Hill 1+1 condo sales […]
While gentrification impedes on communities in cities all over the world – Regent Park has been celebrated as a *Revitalization*. As hundreds of thousands of people want to live and work closer to the core of the city, downtown areas require higher density neighbourhoods which results in condo towers at increasingly lofty prices becoming the […]
Spin the wheel: ^ take a screenshot and see which area you get!