30 Mar These are Toronto’s 12 most expensive condo buildings per-square-foot.
Original article via BuzzBuzzHome. Click here to read.
GTA home prices have taken a tumble in recent months, with one notable exception — condos. As buyers struggle to afford still-pricey detached homes, condos offer a comparably affordable option for those looking to get into the market.
Condo prices were up 10 per cent year-over-year in February, and are widely expected to continue to rise in the coming months.
“Expect stronger price growth to continue in the comparatively more affordable townhouse and condominium apartment segments,” writes Toronto Real Estate Board director of market analysis Jason Mercer. “This being said, listings supply will likely remain below average in many neighbourhoods in the GTA, which, over the long-term, could further hamper affordability.”