Toronto Realtor
770 Bay Street Toronto, ON, Canada

Toronto suburbs have been hit the hardest last month, but downtown Toronto barely budged. Knowing where to buy and sell could mean big opportunity for some players.

Prices in Vancouver are now recovering several months after implementing the foreign buyer tax. Toronto can expect a similar situation with prices rolling back to January figures for the next few months and then climbing again.

Average Toronto C01 prices only fell by 1% since last month: May 2017: $688,000 April 2017: $693,000

Average sale price in Richmond Hill fell 20% from last month: May 2017: $1,119,000 April 2017: $1,396,000... We're back to January average prices in Richmond Hill.