Real Estate News

Sought-After Neighbourhoods Keep Toronto Housing Market Hot

RE/MAX found that second quarter values in the Greater Toronto housing market were 10 to 15 per cent below Q1 levels in Durham (-14.6 per cent), York (-12.9 per cent), Halton (-12.7 per cent), Dufferin (-12 per cent) and Peel (-11.2 per cent). Just 15 per cent of GTA markets noted an uptick in average price in the second quarter of the compared to the heated first. Five of those markets are located in the central core, including Dufferin Grove, Little Portugal, Trinity-Bellwoods, Palmerston-Little Italy and Kensington-Chinatown (C01); Yonge-St. Clair, Casa Loma, Wychwood and the Annex (C02); Forest Hill South, Oakwood-Vaughan, Humewood-Cedarvale and Yonge-Eglinton (C03); Mount Pleasant East and West (C10); and Leaside and Thorncliffe Park (C11). Three are in the West End, including High Park North, Junction Area, Runnymede-Bloor West Village, Lambton-Baby Point, Dovercourt-Wallace, Emerson and Junction (W02); Stonegate-Queensway (W07); and Islington City Centre, West Etobicoke, West Mall, Markland Wood, Eringate-Centennial-West Deane, Princess, Rosethorn Edenbridge, Humber Valley, Kingsway South (W08). One market that experienced price growth is located the East End – South Riverdale, Greenwood-Coxwell, Blake-Jones and North Riverdale (E01).

For the full report click HERE.



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David Stoddard
David Stoddard
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