Tag Archives: Toronto condo market

Following last month’s explosion in search and purchase requests from Toronto condo buyers, GTA new home and condo sales are up 123% from April of 2018.  According to Altus, high-rise condo sales are up 137% from April 2018, as well as low-rise sales, up 81%.  Considering, April’s increases in both purchase requests …

CondoNow has seen an explosion in search and purchase requests from buyers in the first four months of 2019. The historical average ratio of purchase requests to GTA new condo sales sits at 12%. This year that ratio has climbed by 1100% to an average of 133%. Does this growth in demand …

According to several different comments recently released from various banking and mortgage experts, it appears the levels of mortgage debt in Toronto are at very good levels. What this means for the Toronto condo market is that it appears very few people are purchasing new condos that can’t afford them.  …