January 2021

2021 Toronto Real Estate Market Forecast

Posted on Jan 13, 2021 in Market Report

The impact of COVID-19 :  It created a tale of two markets – low rise versus condos. Low rise prices increased 15% and condo prices were down 10%. It moved the Spring market from April to July. Sales on TRREB at 93,000 units matched the seven -year average.

The printing of money and low interest rates : People wanted to spend. Trav...

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