Toronto condo prices soar 28%, pass half-million mark.

Original article via Huffington Post. Click here to read.

Forget single-family homes: Even condos are moving out of affordability range for Toronto’s middle class.

Despite the slowdown in the broader market, new data from the region’s real estate board shows condo prices in the Greater Toronto Area have now passed the half-million-dollar mark, after soaring 28 per cent in the second quarter of this year.

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