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The condominium apartment sales reported by Greater Toronto REALTORS® in the fourth quarter of 2017 were down by 15.5 per cent year-over-year to 5,773. The average selling price was up 17.9 per cent year-over-year in the fourth quarter to 515,816.
The condo segment was still the leader in terms of price growth in the second half of the year.
The results for the condominium apartment market in the fourth quarter of 2017, there have been 1098 Condo sales in the Downtown Core. There have also been 1512 new listings that have come to the market to join 405 active listings.
At the end of the fourth quarter, the MLS® Home Price Index apartment benchmark price for the fourth quarter was up by 17.9 per cent to $629,545. Want more information about the condo market and the projects underway in Toronto? Click here.
Toronto Central (C01) Real Estate December 2017 Condo Sales