26 Sep Home sales over $4 million jump 34% in Toronto as luxury market ‘runs full throttle’.
Original article via Financial Post. Click here to read.
Canada’s luxury-home market has a split personality: East versus West.
Sales for $1 million or more in the Toronto region bounced back after a slowdown earlier this year, climbing 19 per cent in July and August from the same period in 2017, Sotheby’s International Realty Canada said Wednesday. The increase was even greater — 34 per cent — for a subset of transactions priced above $4 million.