Toronto investors and residents have been buying up record numbers of Toronto Condos over the past few years, sometimes even years before there is any trace of on-site construction

CMHC realize there are big swings in the seasonally adjusted figures in high-rise Condominium starts.

Those statistics go further into actual starts and adjusted starts, however the Toronto Real Estate Boards Market Watch numbers give out monthly figures in both single family and Toronto Condos that can be compared to monthly and yearly statistics in all the Toronto Real Estate districts.

A small number of large Toronto Condos coming on to the market can affect the average price and sales in any particular area of Toronto.

North York Condos have seen a lot of new projects completed and some of the statistics reflect more Condo sales and higher prices.

Murano Condos on Bay Street, almost completed with residents now moving in, is another development that will add to the overall sales and prices in the central downtown area of Toronto.

Everyone expects a softening of the Toronto Real Estate Market but not a comparable decline as seen in the U.S.

Even with the weakening labour market, an economy that is in the global shadow of other countries in a world wide slowdown, the Toronto Condo market is still holding up.

Current Mls listings and a search for new and resale Toronto Condos can be found on our Toronto Real Estate website.