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Katrina McHugh

MARKET UPDATE FOR THE WEEK ENDING APRIL 30 RD, 2021

Friday Apr 30th, 2021

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MARKET UPDATE FOR THE WEEK ENDING APRIL 30TH, 2021 There are early signs that the rental market may be starting a comeback. In the first quarter of 2021, average condominium apartment rents were down on a year-over-year basis, however growth in rental transactions outstripped growth in the number of units listed over the same period, suggesting that rental market conditions are starting to tighten up once again. In the GTA there were 13,168 reported condo rentals during the first... [read more]

MARKET UPDATE FOR THE WEEK ENDING APRIL 23 RD, 2021

Friday Apr 23rd, 2021

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  MARKET UPDATE FOR THE WEEK ENDING APRIL 23 RD, 2021 Toronto’s condo sales recovery began in December and is continuing to build momentum with significant volume and strong double-digit sales growth. While the condo market was slower to recover compared to the freehold sector, there has been a marked increase in condos since the beginning of 2021, and this interest will likely continue to increase as the economy improves. The first quarter of 2021 condo sales reported by... [read more]

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