Toronto Condo sales were up 10.4 per cent and even Condo listings increased by 4.4 per cent showing buyers this is a hot Condo market.
Single-family Homes like Townhouses, Semi-Detached and of course Toronto Detached Homes are becoming out of reach for the average Toronto Home buyer, hence the huge attraction of Toronto Condominiums.
It seems this Toronto Condo market is unstoppable however we are sure any increase in mortgage interest rates will soon see the prices stabilize.
Larger Toronto Condos will look appealing for young families who can not afford the more expensive single-family Homes.
View the latest Toronto Homes and Condos Average Price Mid-July 2014.
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