Taline Sagharian Real Estate

Canadian 2020 Luxury Property Report

Tuesday Feb 25th, 2020

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The 2020 Royal LePage Canadian Luxury Property Report has been released. Key highlights for the Greater Toronto Area are below. 

* Over the past twelve months, the median price of a luxury house in the Greater Toronto Area rose 1.2 per cent to $3,629,916 while the median price of a luxury condominium rose 7.0 per cent to $2,402,650.

* Over the next year, luxury houses are expected to increase by 2.5 per cent to $3,721,000 while luxury condominiums are forecast to increase 6.0 per cent to $2,547,000.

https://www.royallepage.ca/en/realestate/news/torontos-luxury-condo-prices-forecast-to-surpass-montreals-hot-luxury-market-in-2020-according-to-royal-lepage/

Contact me at 416-522-8426 or Taline@RoyalLePage.ca for more information.

 

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