The Toronto condo market is constantly evolving, and it can be difficult to keep track of the latest trends. That’s why we’ve gathered expert insights from some of the top real estate professionals in the city.
What should I know about this?
According to Shaun Hildebrand, President of Urbanation, the Toronto condo market is “healthy and well-balanced.” He predicts that prices will continue to rise in the short-term, but warns that there may be a slowdown soon.
Meanwhile, Jonathan Bitran from Harvey Kalles Real Estate says that he’s seeing more buyers interested in pre-construction condos. He believes that this is because they offer a better value proposition than existing units.
It’s clear that the Toronto market is constantly changing, so it’s important to stay up to date on the latest trends. By understanding what the experts are saying, you can make informed decisions about your own property purchase or sale.
We hope this information has been useful to you.