- In April, the average price of Condo apartments in downtown Toronto remained unchanged compared to the previous year, with a month-on-mont
Toronto Downtown Condo Dynamics - April 2024【Daisy Huang】
- In April, the average price of Condo apartments in downtown Toronto remained unchanged compared to the previous year, with a month-on-month increase of 1.6%, but the transaction volume contracted by 13% year-on-year.
- In the C01 district west of Yonge Street containing the University of Toronto campus, the average price of Condos dropped slightly by 1% compared to the same period last year, with a month-on-month increase of 1.2%. The average price is close to CAD 800,000, with a 10% decrease in transaction volume compared to the previous year.
- In the C08 district east of Yonge Street, the average price of Condo apartments increased by 3% both year-on-year and month-on-month, but the transaction volume dropped by 17% year-on-year.
- Overall, the downtown Toronto Condo market in April maintained a pattern of “price stable and volume drop”.
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