Not all homes in the Greater Toronto Area are holding their value right now—especially when it comes to small condos. Average home prices in our region have dipped 2.7% to $993,410, and condos are now averaging $617,593. The sharpest declines are happening in compact condos under 500 sq ft, with most units currently selling below list price thanks to an influx of investor-focused properties. As someone who specializes in comparative market analysis, I always keep a close eye on these trends to help my clients make informed choices—whether you’re buying your dream home or looking to maximize the sale of your property.
Continue to full article
Leave a Reply