Is now the time to buy a condo in Toronto?
Condo Control
MAY 28, 2025
In 2022, the average asking price of a new condo in the Greater Toronto and Hamilton Area (GTHA) peaked at nearly $850,000 ! Q1 2025 condominium sales amounted to 3,794 in the GTA, down 21.7% Toronto’s housing market has been competitive, to say the least. Plus, increased choice provides buyers with more negotiating power on price.
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