多伦多公寓和独立公寓价格之间的差距正在缩小

图片发自App

Toronto real estate prices have been diverging recently. Toronto Real Estate Board (TREB) numbers show that detached prices are falling, while condos are at an all-time high. This has pushed many people to ask, how expensive can a condo get – relative to detached prices. Condo prices are getting closer to detached homes, but currently the gap isn’t unusual compared to historic trends.

Toronto Condo Prices Increased Over 41%

Toronto condo prices are rising less quickly than they were last year, but are still making a huge jump higher. TREB reported a condo benchmark price of $469,800, a 0.34% increase from the month before. The annual increase works out to 19.88% higher than the year before. That’s in addition to the 17.94% increase the year before that. Yes, that means condo prices have increased 41.37% over the past years. A surreal amount, that even the CMHC has expressed concerns about.