
Toronto Condo Market Is Experiencing A Steady Decline In Sales But An Increase In Prices
Amidst the COVID-19 pandemic, realtors continue reporting the dwindling sale of condos in Toronto even as everything is dying down and, and the market recovers overall. The Toronto Regional Real Estate Board (TRREB), released data stating that throughout Q2-2020, only 3,459 condo apartments were sold in the Greater Toronto Area (GTA). When you compare that with the figures from Q2-2019, that amounted to a decline of 50.8%.