Condo Market Update in Toronto

Toronto Ontario an economic engine of the country where the real estate market have gone higher substantially in last four months because lots of people moving to Toronto from Alberta as well as new immigrants choosing to settle in Toronto and lower interest rates have worked its magic bringing lots of end users buyers in the market resulting in higher demand and lack of inventory available have pushed the market in Sellers favour. End result real estate price hike, this price hike have moved a big chunk of buyers towards Condo market as freeholds have gone out of their affordability range. Lots of young and 1st time buyers loves Condo cultures and builders are taking it to a new era by building ultra luxuries condo buildings with 5 Star amenities. Near future Condo market will go higher and is going to be favourite of all investor buyers.

D. Pal Singh

D. Pal Singh

Broker
CENTURY 21 New Star Realty Inc., Brokerage*
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