Top Toronto real estate agents Cameron Weir and Scott Hanton have had tremendous success helping buyers and sellers in Toronto’s condominium market.
Here are just a few recent condos sold by Cameron and Scott of The Weir Team:
If you’re ready to get serious about buying or selling a condo in the area, make sure to contact info@TheWeirTeam.ca for expert condo guidance.
It’s our main goal to deliver amazing results and a rewarding experience for all of our condo buyers and sellers in downtown Toronto.
As for property values of Toronto and GTA condos, The Weir Team shares this Real Estate News from TREB:
Average Condo Price Continues to Grow in Q3 Toronto, October 17, 2014
Toronto Real Estate Board President Paul Etherington announced a 12.9 per cent year-over-year increase in condominium apartment sales through the TorontoMLS system in the third quarter of 2014. Sales amounted to 5,954. New listings of condominium apartments on TorontoMLS were also up compared to the same period last year, by 4.5 per cent. “Condominium apartments represent an affordable home ownership option for first-time buyers. New condominium apartment completions have been at record levels over the past two years.
However, even though many of these newly completed units have been listed on TorontoMLS, we have not experienced a glut in inventory. There have been enough buyers to keep market conditions balanced, with the average selling price increasing at an above-inflation pace,” said Mr. Etherington. The average selling price for Q3 condominium apartment sales was $359,352 – up by 5.7 per cent compared to the average of $339,878 in Q3 2013. The average selling price was highest in the City of Toronto, at $382,210, representing a year-over-year increase of 6.1 per cent.
“Growth in condominium apartment listings will likely continue over the next year, reflecting the continuation of strong condominium apartment completions. However, the fact that we are seeing growth in condo sales outstrip growth in listings suggests that market conditions will remain tight enough to prompt continued price growth,” said Jason Mercer, TREB’s Director of Market Analysis.
For further details and expert guidance on your condo purchase or sale, contact Scott Hanton, real estate Broker for The Weir Team. Email Scott@TheWeirTeam.ca