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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Monday, August 21, 2017

Average Condo Price Up Year-Over-Year in Q2 '17

July 2017 -- Greater Toronto Area REALTORS® reported 8,223 condominium apartment sales reported through TREB's MLS® System between April and the end of June. This result was down by eight per cent compared to 8,942 sales reported in Q2 2016.

Despite the recent dip in overall GTA home sales, the condominium apartment market was quite resilient, especially when compared to low-rise market segments. Market conditions also remained tight, which resulted in the continuation of strong annual rates of price growth.

The average selling price for condominium apartments increased by 28.1 per cent compared to Q2 2016. The average selling price for the TREB market area as a whole was $532,032, with the average price in the City of Toronto higher, at $566,513.

Recent consumer survey results from Ipsos suggest that condominium apartments will continue to gain in popularity with home buyers over the next year.


It shows that you can buy more for less around Yorkdale, where a square foot of space averages $375. That's because the buildings tend to be a little older, he said.

The map provides the average cost of a square foot around subway stops from Jan. 1 to May 10 of this year. The average is based on a radius of about the halfway point from one subway station to the next on the line.

Price per square foot is the best measure of what you're getting for your money, said Langschmidt.

TREB

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