Good Day,
Toronto Real Estate released 2020 Stats here is the summary for you
1-Huge number of sales 95,000 up by 8.4 percent compared to 2019.up by 8.4 percent compared to 2019. 2-Most sales were in GTA regions surrounding Toronto, particularly for single-family home types.
3-The average selling price reached a new record of $929,699 – up by 13.5 percent compared to 2019. 4-Sales were slow mid-March and the end of May, market conditions improved dramatically in the second half of the year,
Conclusion: We have very strong real estate market in GTA, most banks, developers & marketing companies projecting a very busy 2021 with a very strong market and price appreciation due to low-interest rate and a huge number of Immigrants coming to Canada.
Where to Invest ?? we have a list of top 10 projects launching soon for you to invest :
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