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Toronto Real Estate Soars in Q1 of 2016

Toronto Real Estate Soars in Q1 of 2016

Author: Carl Langschmidt

Author
Apr 14th 16

The big disappointment here for buyers is that years ago in the height of the condo development frenzy, countless analysts were calling for price decreases by 2016 when stock would see it’s highest levels ever. They were right about condo stock - there’s more condos on the market in Toronto and the larger GTA than ever.

So, why aren’t prices coming down as stock increases? It’s simple. Demand is also increasing.