Toronto Condos resale prices did somewhat better in increases as compared to the average City Of Toronto figures.
In the City of Toronto the current average price of $393,647 declined six per cent from September 2007 prices. The Toronto Real Estate Market was the strongest ever in 2007 so what we see now is activity that is at a measured pace according to The Toronto Real Estate Board President, Maureen O’Neill.
My Toronto Real Estate website has all the current Market Watch statistics so one can compare Condos in specific districts like ( C01 ) or ( C08 ) in downtown Toronto. In fact, its possible to break down the figures into Detached Houses, Semi-Detached Houses or Condo Apartments.
Here is a few Toronto Condos statistics for September 2008.
C01: Average Price $339,625 up three per cent
C02: Average price $520,694 down twenty five per cent
C08: Average price $328,217 up one point six per cent
C07: Average price $290,333 up one point three per cent
C14: Average price $287,296 up three per cent
C15: Average price $310,199 up twenty three per cent
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By: Toronto Condo Market Correction « Toronto Condos on October 21, 2008
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