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.

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