U-Home Realtor
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General Information
Locality: Mississauga, Ontario
Phone: +1 647-701-4745
Likes: 39
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Choosing a place to live for my dear clients.Call me or text at 6477014745 if you want to see any property.
Condo market update
The condominium apartment segment experienced the second best third quarter on record in terms of sales and the best third quarter on record in terms of the average selling price. However, while the pace of year-over-year condo sales and price growth remained strong, it was lower than that reported for low-rise home types. The condo market became much better supplied as many investors moved to sell their units, due in part to softer rental market conditions and a short-term rental market that was impacted by stricter regulations and the COVID-19-related drop in tourism. The overall average condominium apartment selling price was up by 8.3 per cent year-overyear in the third quarter to $633,484. The average selling price in the City of Toronto, at $680,963, was up by a similar rate over the same period.
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