Toronto Real Estate August 2019 Market Report
August real estate sales reveal a stable market with modest price increases and healthy sales. The biggest surprise is the growth in the number of sales in the 905 area versus the 416 area which is a result of both a greater number of properties available in addition to the perception of value as prices had been down substantially in that area since the foreign buyer tax was implemented in 2017. The 416 area continues to have a lack of supply which keeps the average sale price strong.
For the full Chestnut Park market report