Toronto Sees 46 Per Cent Increase in Million Dollar Condo Sales
"There was a 46 per cent rise in the number of condos selling for $1 million or more in the Greater Toronto Area last year.
Toronto is becoming more popular with foreign investors as prices are still lower than Vancouver, which saw a 25 per cent increase in luxury sales last year, and downsizing baby boomers are also driving GTA sales the report says."
Source: Mortgage Broker News / Toronto Star
“Toronto’s Condo Authority”